Freedomworks Foundation
Only null% goes to programs Declining revenue
Freedomworks Foundation is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1989, with $4,607,322 in FY2023 revenue. CharityIndex grades it B.
111 K St Ne 6th Floor, Washington, DC, 20002 EIN 52-1526916 Since 1989
Revenue (FY2023)
$4.6M
▼ 35.9% vs prior year
Environment median: $250K
Expenses (FY2023)
$4.6M
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Freedomworks Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Freedomworks Foundation: 4 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Freedomworks Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Freedomworks Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 111 K St Ne 6th Floor, Washington, DC, 20002
- City
- Washington
- State
- District of Columbia
- Category
- Environment
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue declined from $5.4M (FY2013) to $4.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $465KNet assets $1.4M
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$465K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,607,322▼35.9% | $4,556,267▼45.9% | $1,370,830▲3.9% | $1,836,076▲10.4% | 990 |
| 2022 | $7,186,346▼4.5% | $8,423,843▼2.1% | $1,319,588▼49.3% | $1,663,129▼49.4% | 990 |
| 2021 | $7,527,754▼10.2% | $8,604,982▲26.4% | $2,600,289▼30.1% | $3,288,674▼15.7% | 990 |
| 2020 | $8,379,908▲45.4% | $6,805,394▲43.1% | $3,720,243▲73.4% | $3,901,615▲32.1% | 990 |
| 2019 | $5,761,882▼19.8% | $4,755,662▼4.4% | $2,145,657▲88.2% | $2,953,833▲119% | 990 |
| 2018 | $7,185,920▲82.4% | $4,973,527▼4.8% | $1,140,219▲206% | $1,346,822▼30.3% | 990 |
| 2017 | $3,938,665▲12.7% | $5,221,978▲47.6% | -$1,072,059▼607% | $1,932,236▼32.5% | 990 |
| 2016 | $3,495,724▼1.2% | $3,536,818▼17.2% | $211,254▼24.4% | $2,864,484▲59.9% | 990 |
| 2015 | $3,537,202▼39.9% | $4,271,696▼27.6% | $279,610▼69.9% | $1,791,610▲4.0% | 990 |
| 2014 | $5,886,965▲8.4% | $5,896,573▼35.5% | $927,707▲3.6% | $1,723,073▲33.1% | 990 |
| 2013 | $5,430,464 | $9,143,765▲15.5% | $895,091▼80.8% | $1,294,519▼77.6% | 990 |
| 2012 | — | $7,918,604▲17.7% | $4,654,139▼6.0% | $5,788,264▼9.6% | 990 |
| 2011 | — | $6,729,536 | $4,953,154 | $6,403,963 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $10.5M total
64 grants to Freedomworks Foundation totaling $10.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bradley Impact Fund Inc | General operating support. | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $588,995 |
| Donors Trust Inc | For general operations | 2023 | $529,200 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $390,000 |
| Donors Trust Inc | For the school board member academy | 2023 | $100,000 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $26,700 |
| National Philanthropic Tr | Culture & arts | 2023 | $25,500 |
| Community Foundation of Jackson Hole | General operating support | 2023 | $25,000 |
| Donors Trust Inc | For the restoring liberty project | 2023 | $25,000 |
| Donors Trust Inc | For defending civil liberties and judicial reform | 2023 | $20,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $16,000 |
| National Christian Charitable Foundation | Growth | 2023 | $8,250 |
| Donors Trust Inc | For general operations | 2022 | $962,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $505,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $359,395 |
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Frequently asked questions
- Is Freedomworks Foundation a legitimate nonprofit?
- Yes. Freedomworks Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1526916, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Freedomworks Foundation's EIN?
- Freedomworks Foundation's Employer Identification Number (EIN) is 52-1526916.
- How much revenue does Freedomworks Foundation report?
- Freedomworks Foundation reported $4,607,322 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Freedomworks Foundation have?
- CharityIndex grades Freedomworks Foundation B, based on financial health (reserves and operating margin).
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Explore more
Data for Freedomworks Foundation (EIN 52-1526916) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.