Human Services
(P50)
IRS Verified
DX Registered
990 on File
THE FREEDOM FOUNDATION
Financial strength (30%)
88/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Freedom Foundation exists to meet the needs of all Active Duty, Reserve and Honorably Discharged Veterans. We provide a place where Veterans to interact with fellow Veterans, network with one another, including those who need lodging, financial, physical or mental/medical assistance with resource assistance and information. We establish close interpersonal relationships, trust and an emotional safety net with all our Veterans.
Financial Overview — FY 2024
$1.4M
Total Revenue
$288K
Total Expenses
$2.2M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.3%
Fundraising Efficiency
N/A
Operating Reserve
93.15x
Liability-to-Asset
0.0%
Revenue Diversification
99.8%
Executive Compensation
$62K
Compared with Peers
FY 2024
Compared with 15,087 similar organizations
(United States, Human Services, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.3% | 86.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
93.2 mo | 8.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.8% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
167.9% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.0% | 8.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
79.9% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.4M | $288K | $2.2M | 88.3% | 3 |
| 2023 | $534K | $248K | $1.1M | 81.8% | 0 |
| 2022 | $344K | $192K | $803K | 75.7% | 0 |
| 2021 | $645K | $304K | N/A | — | 4 |
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