Truefreedom

Analysis

Truefreedom is a registered charity in United States, based in Abita Springs, LA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Truefreedom reported income of $95k and spending of $95k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $95k (+4.0%), an average of +4.0% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Truefreedom sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include Kingdom Family Resources ($95k), T Off 4 Autism Inc ($95k) and Russon Family Foundation ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,636 against liabilities of $0, net assets of $2,636.