Freedom Farm Crossroads Inc

Analysis

Freedom Farm Crossroads Inc is a registered charity in United States, based in Phenix City, AL. It received its IRS tax-exemption ruling in March 2022, 4 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, Freedom Farm Crossroads Inc reported income of $306k and spending of $244k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $318k to $306k (-3.8%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 278%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Farm Crossroads Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Colorado Bioscience Institute ($306k), National Hospitality Institute ($306k) and U a Local 716 Apprenticeship and Training Trust ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $52k (21% of expenses). Other salaries and wages came to $20k. It paid $350 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $28k, net assets of $1.3m. It reported 6 employees.