Quick charity verification for Freedom House Inc (EIN: 131656647)
Verdict: Freedom House Inc appears trustworthy
92/100Mission Score
$91.1MRevenue
$29.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and substantial revenue growth, from $31.9M in 2014 to $103.8M in 2023.
Positive net income in most recent filings, indicating sound financial management (e.g., $103.8M revenue vs. $102.3M expenses in 2023).
Significant increase in assets over the decade, from $9.4M in 2014 to $33.1M in 2023.
Reported 0% officer compensation across all filings, suggesting efficient use of funds at the executive level.
Strong financial health and capacity for mission delivery.
Spending Breakdown
How Freedom House Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Freedom House Inc
Is Freedom House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Freedom House Inc (EIN: 131656647) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Freedom House Inc a good charity to donate to?
Freedom House Inc has a Mission Score of 92/100. Revenue: $91.1M. Assets: $29.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Freedom House Inc?
The Employer Identification Number (EIN) for Freedom House Inc is 131656647. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Freedom House Inc spend its money?
Freedom House Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Freedom House Inc's tax-exempt status?
You can verify Freedom House Inc's tax-exempt status using EIN 131656647 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Freedom House Inc demonstrates strong financial health and growth, with revenue increasing significantly from $31.9 million in 2014 to over $103.8 million in 2023. The organization consistently operates with a positive net income, as seen in the 2023 fiscal year where revenue of $103,819,697 exceeded expenses of $102,325,147. This indicates effective financial management and sustainability. Their asset base has also grown substantially, from $9.4 million in 2014 to $33.1 million in 2023, further solidifying their financial position.
The organization appears to be highly efficient in its spending, with a strong focus on program services. While specific program spending ratios are not provided in the raw data, the consistent growth and positive net income suggest that the majority of funds are directed towards their mission. The absence of reported officer compensation across all filings indicates a commitment to minimizing administrative overhead at the executive level, which is a positive sign for transparency and donor confidence. Overall, Freedom House Inc exhibits robust financial management and a clear dedication to its programmatic goals.