Freedom House Inc
Freedom House Inc shows consistent revenue growth and positive net income over the last decade.
EIN: 131656647 · Washington, DC · NTEE: Q700 · Updated: 2026-03-28
Is Freedom House Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Freedom House Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Freedom House Inc
Freedom House Inc (EIN: 131656647) is a nonprofit organization based in Washington, DC, classified under NTEE code Q700. The organization reported total revenue of $91.1M and total assets of $29.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Freedom House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Freedom House Inc is a major nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103.8M |
| Total Expenses | $102.3M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $33.1M |
| Total Liabilities | $17.6M |
| Net Assets | $15.5M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 53.1% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Freedom House Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 53.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Freedom House Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.0% | +19.9% | +24.0% |
| 2022 | +44.7% | +34.5% | +54.3% |
| 2021 | +27.9% | +27.6% | +15.4% |
| 2020 | +5.2% | +1.4% | +96.1% |
| 2019 | +20.3% | +25.3% | -17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1943 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Freedom House Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Freedom House Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.1%.
Executive Compensation Analysis
Freedom House Inc consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers or that it was not reported in this category. This suggests a highly efficient use of funds at the executive level, potentially relying on pro bono leadership or other compensation structures not captured in this specific metric.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Freedom House Inc:
- 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.
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 legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Freedom House Inc spend its money?
Freedom House Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Freedom House Inc tax-deductible?
Freedom House Inc is registered as a tax-exempt nonprofit (EIN: 131656647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Freedom House Inc a good charity?
Based on its strong financial growth, consistent positive net income, and apparent lack of officer compensation, Freedom House Inc appears to be a well-managed and financially healthy charity. Its increasing assets and revenue suggest a growing capacity to fulfill its mission.
How has Freedom House Inc's revenue changed over time?
Freedom House Inc has experienced significant revenue growth, increasing from $31,965,126 in 2014 to $103,819,697 in 2023, demonstrating substantial expansion of its operations and funding.
What is Freedom House Inc's financial stability?
The organization shows strong financial stability, with assets growing from $9,400,408 in 2014 to $33,139,287 in 2023, and consistently maintaining a positive net income, indicating a healthy financial position.
Filing History
IRS 990 filing history for Freedom House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Freedom House Inc's revenue has grown by 150.5%, moving from $41.4M to $103.8M. Total assets increased by 234% over the same period, from $9.9M to $33.1M. Total functional expenses rose by 146.9%, from $41.5M to $102.3M. In its most recent filing year (2023), Freedom House Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $17.6M in liabilities against $33.1M in assets (debt-to-asset ratio: 53.1%), resulting in net assets of $15.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103.8M | $102.3M | $33.1M | $17.6M | — | — |
| 2022 | $93.5M | $85.3M | $26.7M | $13.2M | — | View 990 |
| 2021 | $64.6M | $63.4M | $17.3M | $11.8M | — | View 990 |
| 2020 | $50.5M | $49.7M | $15.0M | $10.6M | — | View 990 |
| 2019 | $48.0M | $49.0M | $7.7M | $4.1M | — | View 990 |
| 2018 | $39.9M | $39.1M | $9.3M | $4.5M | — | View 990 |
| 2017 | $32.7M | $33.3M | $8.6M | $4.7M | — | View 990 |
| 2016 | $28.8M | $29.5M | $9.0M | $4.5M | — | View 990 |
| 2015 | $30.9M | $30.6M | $10.8M | $5.6M | — | View 990 |
| 2014 | $32.0M | $33.0M | $9.4M | $4.4M | — | View 990 |
| 2013 | $34.5M | $36.4M | $11.1M | $4.7M | — | View 990 |
| 2012 | $45.2M | $43.1M | $15.1M | $7.0M | — | View 990 |
| 2011 | $41.4M | $41.5M | $9.9M | $3.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103.8M, expenses of $102.3M, and assets of $33.1M (revenue +11.0% year-over-year).
- 2022: Revenue of $93.5M, expenses of $85.3M, and assets of $26.7M (revenue +44.7% year-over-year).
- 2021: Revenue of $64.6M, expenses of $63.4M, and assets of $17.3M (revenue +27.9% year-over-year).
- 2020: Revenue of $50.5M, expenses of $49.7M, and assets of $15.0M (revenue +5.2% year-over-year).
- 2019: Revenue of $48.0M, expenses of $49.0M, and assets of $7.7M (revenue +20.3% year-over-year).
- 2018: Revenue of $39.9M, expenses of $39.1M, and assets of $9.3M (revenue +22.2% year-over-year).
- 2017: Revenue of $32.7M, expenses of $33.3M, and assets of $8.6M (revenue +13.3% year-over-year).
- 2016: Revenue of $28.8M, expenses of $29.5M, and assets of $9.0M (revenue -6.6% year-over-year).
- 2015: Revenue of $30.9M, expenses of $30.6M, and assets of $10.8M (revenue -3.5% year-over-year).
- 2014: Revenue of $32.0M, expenses of $33.0M, and assets of $9.4M (revenue -7.4% year-over-year).
- 2013: Revenue of $34.5M, expenses of $36.4M, and assets of $11.1M (revenue -23.7% year-over-year).
- 2012: Revenue of $45.2M, expenses of $43.1M, and assets of $15.1M (revenue +9.2% year-over-year).
- 2011: Revenue of $41.4M, expenses of $41.5M, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Freedom House Inc:
Data Sources and Methodology
This transparency report for Freedom House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.