Freedom Institute Inc

Analysis

Freedom Institute Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2022, Freedom Institute Inc reported income of $967k and spending of $1.0m, spending 107% of what it took in. Across the 2 years on record, from June 2021 to June 2022, income grew from $921k to $967k (+5.0%), an average of +5.0% a year. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Freedom Institute Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Berkshire County Kids Place and Violence Prevention Center Inc ($966k), Latin American Legal Defense and Educational Fund Inc ($967k) and Beyond the Bars Inc ($966k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $70k (6.8% of expenses). Other salaries and wages came to $412k. At year end it held assets of $206k against liabilities of $6,255, net assets of $200k. It reported 37 employees.