Religious Freedom & Business Foundation
Only null% goes to programs Strong reserves Growing revenue
Religious Freedom & Business Foundation is a 501(c)(3) organization based in Annapolis, Maryland, registered in 2014, with $1,003,653 in FY2024 revenue. CharityIndex grades it B.
1 Perry Cir Apt A, Annapolis, MD, 21402 EIN 46-4626031 Since 2014
Revenue (FY2024)
$1.0M
▲ 80.7% vs prior year
Religion median: $139K
Expenses (FY2024)
$682K
Net assets
$509K
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 Religious Freedom & Business 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 rating9 mo reserves · +32% 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 Religious Freedom & Business Foundation: 9 mo reserves · +32% 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 Religious Freedom & Business 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 Religious Freedom & Business Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1 Perry Cir Apt A, Annapolis, MD, 21402
- City
- Annapolis
- State
- Maryland
- Category
- Religion-Related
- Subcategory
- Religious Organizations
- Website
- …
Financial trends
Revenue grew from $134K (FY2015) to $1.0M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $26KNet assets $509K
Operating margin
32.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$535K
Total liabilities
$26K
Net assets
$509K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,003,653▲80.7% | $682,202▼21.7% | $509,363▲175% | $535,422▲188% | 990 |
| 2023 | $555,312▼13.9% | $871,022▲55.5% | $185,318▼63.0% | $185,763▼62.9% | 990 |
| 2022 | $644,660▲18.6% | $560,018▲17.5% | $501,342▲20.2% | $501,342▲20.2% | 990 |
| 2021 | $543,636▲26.0% | $476,625▲25.0% | $416,943▲19.1% | $416,943▲10.0% | 990 |
| 2020 | $431,385▼19.0% | $381,201▲3.5% | $350,175▲16.6% | $379,075▲26.3% | 990 |
| 2019 | $532,406▲97.2% | $368,264▲11.0% | $300,234▲124% | $300,234▲124% | 990 |
| 2018 | $269,990▲0.6% | $331,832▲33.6% | $133,846▼31.6% | $133,846▼31.6% | 990 |
| 2017 | $268,263▼44.2% | $248,335▼26.5% | $195,688▲11.3% | $195,688▲11.3% | 990 |
| 2016 | $480,457▲259% | $337,873▲233% | $175,760▲430% | $175,760▲430% | 990 |
| 2015 | $133,935 | $101,497 | $33,176 | $33,176 | 990EZ |
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 · $98K total
7 grants to Religious Freedom & Business Foundation totaling $98K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $25,389 |
| National Christian Charitable Foundation | Human rights | 2024 | $10,000 |
| Servant Foundation | Community development | 2024 | $7,000 |
| American Online Giving Foundation Inc | General support | 2023 | $10,482 |
| National Christian Charitable Foundation | Culture | 2023 | $10,000 |
| Servant Foundation | Community development | 2022 | $10,000 |
| Islamic Relief USA | Interfaith religious freedom and business initiative - to cultivate a renewed, healthier, and more vigorous private sector dedicated to religious diversity and inclusion by educating muslim and non-muslim ceos and business leaders about how religious diversity is good for business. | 2018 | $25,000 |
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Frequently asked questions
- Is Religious Freedom & Business Foundation a legitimate nonprofit?
- Yes. Religious Freedom & Business Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4626031, based in Annapolis, Maryland. Donations are tax-deductible.
- What is Religious Freedom & Business Foundation's EIN?
- Religious Freedom & Business Foundation's Employer Identification Number (EIN) is 46-4626031.
- How much revenue does Religious Freedom & Business Foundation report?
- Religious Freedom & Business Foundation reported $1,003,653 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Religious Freedom & Business Foundation have?
- CharityIndex grades Religious Freedom & Business Foundation B, based on financial health (reserves and operating margin).
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Data for Religious Freedom & Business Foundation (EIN 46-4626031) 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.