Free Speech Foundation

Analysis

Free Speech Foundation is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Free Speech Foundation reported income of $4.2m and spending of $7.0m, spending 165% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $702k to $4.2m (+504%), an average of +82% a year. The sharpest change came in the year to December 2021, when income rose by 1733%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Free Speech Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Law College Association of the University of Arizona ($4.2m), Fostering Early Learning Institute ($4.2m) and Carter Community Charter School Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.1m (16% of expenses). Other salaries and wages came to $256k. At year end it held assets of $7.5m against liabilities of $42k, net assets of $7.5m. It reported 6 employees.