Palm Beach Freedom Institute Inc

Analysis

Palm Beach Freedom Institute Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in June 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, Palm Beach Freedom Institute Inc reported income of $89k and spending of $144k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $89k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palm Beach Freedom Institute Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include University Partnerships Community of Practice ($89k), Cox Springs School Restoration Society ($89k) and Continuing Medical Education Institute Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 162% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.