Committee for Freedom in Hong Kong Foundation Inc

Analysis

Committee for Freedom in Hong Kong Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Committee for Freedom in Hong Kong Foundation Inc reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $439k to $1.3m (+208%), an average of +208% a year. The sharpest change came in the year to December 2023, when income rose by 208%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Committee for Freedom in Hong Kong Foundation 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 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Hospital de LA Familia Foundation ($1.3m), International Health Services ($1.4m) and French American Foundation for the Devel of Relations BTWN FRNC & US ($1.3m).

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 $192k (15% of expenses). Other salaries and wages came to $277k. At year end it held assets of $164k against liabilities of $58k, net assets of $106k. It reported 5 employees.