Education Freedom Alabama

Analysis

Education Freedom Alabama is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 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 June 2023, Education Freedom Alabama reported income of $7.1m and spending of $4.9m, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to June 2023, income grew from $2.2m to $7.1m (+226%), an average of +80% a year. The sharpest change came in the year to June 2023, when income rose by 211%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Freedom Alabama sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include The Luzerne Foundation ($7.1m), Foundation Academy Incorporated ($7.1m) and Julia Lee Performing Arts Academy ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (2.2% of expenses). Other salaries and wages came to $83k. At year end it held assets of $6.5m against liabilities of $2,596, net assets of $6.5m. It reported 4 employees.