Foundations to Freedom Inc

Analysis

Foundations to Freedom Inc is a registered charity in United States, based in Deland, FL. It received its IRS tax-exemption ruling in March 2022, 4 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 May 2023, Foundations to Freedom Inc reported income of $5.2m and spending of $2.4m, leaving 53% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $3.9m to $5.2m (+33%), an average of +33% a year. The sharpest change came in the year to May 2023, when income rose by 33%. Over the whole period it spent 31% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundations to Freedom Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Self Memorial Regional Health Services Inc ($5.2m), Brentwood Legion Ambulance Service Inc ($5.2m) and Flatbush Volunteers of Hatzoloh Inc ($5.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $800k. At year end it held assets of $6.4m against liabilities of $29k, net assets of $6.3m.