Freedom Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 330,881 | 371,871 | −40,990 | 2.0 | 51% |
| 2013 | 308,077 | 314,961 | −6,884 | 1.1 | 54% |
| 2014 | 311,670 | 306,330 | 5,340 | 1.4 | 57% |
| 2015 | 454,500 | 381,154 | 73,346 | 3.4 | 28% |
| 2016 | 1,511,546 | 929,183 | 582,363 | 8.9 | 10% |
| 2017 | 1,724,194 | 1,525,763 | 198,431 | 7.0 | 13% |
| 2018 | 3,321,760 | 2,097,174 | 1,224,586 | 11.9 | 10% |
| 2019 | 3,169,299 | 2,882,772 | 286,527 | 9.9 | 31% |
| 2020 | 8,381,174 | 5,248,858 | 3,132,316 | 12.6 | 26% |
| 2021 | 7,883,970 | 6,203,135 | 1,680,835 | 13.9 | 40% |
| 2022 | 7,807,611 | 8,612,357 | −804,746 | 8.9 | 18% |
| 2023 | 4,228,201 | 5,507,815 | −1,279,614 | 11.2 | 35% |
In its most recent public year (2023), this organization spent $1,279,614 more than it brought in. Its reserves stood at about 11.2 months of spending, up from 2 in 2011. Staff pay was 35% of spending. $825,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Freedom Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works