Freedom Communities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 123,000 | 52,568 | 70,432 | 16.1 | — |
| 2018 | 444,880 | 478,681 | −33,801 | 0.9 | 54% |
| 2019 | 798,353 | 335,697 | 462,656 | 17.8 | 70% |
| 2020 | 1,173,061 | 617,339 | 555,722 | 20.5 | 59% |
| 2021 | 1,525,905 | 937,228 | 588,677 | 20.6 | 51% |
| 2022 | 2,615,175 | 1,498,660 | 1,116,515 | 21.8 | 50% |
| 2023 | 2,437,047 | 1,909,714 | 527,333 | 20.4 | 46% |
In its most recent public year (2023), this organization brought in $527,333 more than it spent. Its reserves stood at about 20.4 months of spending, up from 16.1 in 2017. Staff pay was 46% of spending. $277,632 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 Communities'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