State Freedom Caucus Foundation

Analysis

State Freedom Caucus Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, State Freedom Caucus Foundation reported income of $1.2m and spending of $1.6m, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $617k to $1.2m (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State Freedom Caucus Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Baum School of Art ($1.2m), Future Problem Solving Program International Inc ($1.2m) and Baker County YMCA ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $406k (26% of expenses). Other salaries and wages came to $696k. At year end it held assets of $394k against liabilities of $762k, net assets of -$367k.