Freedom Communities
Charlotte, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,437,047↓7% | $1,909,714↑27% | $6,580,244↑14% | |
| 2022 | $2,615,175↑71% | $1,498,660↑60% | $5,776,301↑103% | — |
| 2021 | $1,525,905↑30% | $937,228↑52% | $2,843,909↑69% | — |
| 2020 | $1,173,061↑47% | $617,339↑84% | $1,682,010↑68% | — |
| 2019 | $798,353↑79% | $335,697↓30% | $999,585↑2629% | — |
| 2018 | $444,880↑262% | $478,681↑811% | $36,631↓48% | — |
| 2017 | $123,000 | $52,568 | $70,432 | — |
Frequently Asked Questions
What does Freedom Communities do?▼
Freedom Communities is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freedom Communities financially healthy?▼
Based on our 9-metric Financial Health Score model, Freedom Communities has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Freedom Communities generate?▼
Freedom Communities reports $5.1M in annual revenue and holds $8.8M in total assets, based on IRS filings.
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