Free Association Inc

Analysis

Free Association Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Free Association Inc reported income of $73k and spending of $73k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $59k to $73k (+24%), an average of +24% a year. The sharpest change came in the year to August 2023, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Free Association Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Toms River Police Foundation Inc ($73k), Kathryn D Markley Parent Teacher Organization ($73k) and Parent Community Preschool Inc ($73k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 21% of the total. At year end it held assets of $15k against liabilities of $4,200, net assets of $11k.