Academic Freedom Alliance Inc

Analysis

Academic Freedom Alliance Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Academic Freedom Alliance Inc reported income of $515k and spending of $418k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $515k (+129%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Academic Freedom Alliance Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Wallingford Community Senior Center ($514k), Clothes Helping Kids Inc ($515k) and Crusaders Health Foundation ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (24% of expenses). Other salaries and wages came to $6,867. At year end it held assets of $401k against liabilities of $0, net assets of $401k. It reported 2 employees.