Freedom Enhancement Academy

Analysis

Freedom Enhancement Academy is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2014, 12 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 Enhancement Academy reported income of $128k and spending of $141k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $128k (-3.5%), an average of -3.5% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom Enhancement Academy sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within NV. Charities of a similar size with the same main cause include Grinnell-Newburg Boosters ($128k), Christians in Need Foundation ($128k) and National Institute of Governmental Purchasing Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $23k against liabilities of $5,720, net assets of $18k.