Passport to Freedom

Analysis

Passport to Freedom is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Passport to Freedom reported income of $128k and spending of $116k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $128k (+3.0%), an average of +3.0% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Passport to Freedom sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Northfield Apartments Inc ($128k), Hardy Group Ministries ($128k) and Future Farmers of America State Associations & Local Chapter ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.