The Freedom Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 192,602 | 131,136 | 61,466 | 9.0 | — |
| 2017 | 242,671 | 186,747 | 55,924 | 9.9 | 21% |
| 2018 | 257,926 | 236,103 | 21,823 | 9.0 | 18% |
| 2019 | 266,849 | 222,235 | 44,614 | 11.9 | 17% |
| 2020 | 419,733 | 331,294 | 88,439 | 11.2 | 14% |
| 2021 | 644,869 | 303,940 | 340,929 | 25.7 | 23% |
| 2022 | 344,359 | 191,825 | 152,534 | 50.2 | 29% |
| 2023 | 533,503 | 247,909 | 285,594 | 52.7 | 27% |
In its most recent public year (2023), this organization brought in $285,594 more than it spent. Its reserves stood at about 52.7 months of spending, up from 9 in 2016. Staff pay was 27% of spending.
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
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