Central Gulf Coast CDF Freedom Schools
Analysis
Central Gulf Coast CDF Freedom Schools is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Central Gulf Coast CDF Freedom Schools reported income of $302k and spending of $203k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $302k (+233%), an average of +232% a year. The sharpest change came in the year to December 2023, when income rose by 233%. Over the whole period it spent 79% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Central Gulf Coast CDF Freedom Schools sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Cannon Free Library ($302k), Early Childhood University ($302k) and Lsu Alumni of San Diego Inc ($302k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $123k. At year end it held assets of $160k against liabilities of $775, net assets of $159k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cannon Free Library | Delhi | $302k |
| Early Childhood University | Windsor | $302k |
| Lsu Alumni of San Diego Inc | LA Jolla | $302k |
| Machik Corp | Washington | $302k |