Freedom River Inc

Analysis

Freedom River Inc is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in September 2022, 4 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, Freedom River Inc reported income of $1.7m and spending of $118k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.1m to $1.7m (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 3.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freedom River Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include New England Aftercare Ministries Inc ($1.7m), Society of Cosmetic Chemists ($1.7m) and Alliance for Youth Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.