Project Freedom Carolinas Inc

Analysis

Project Freedom Carolinas Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Project Freedom Carolinas Inc reported income of $667k and spending of $811k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.1m to $667k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 61% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Project Freedom Carolinas Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Centre County Childrens Advocacy Center ($666k), Mountain Dreamers ($667k) and Special Operations-Finding Kids ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $699k against liabilities of $0, net assets of $699k.