The Freeman Foundation P-01644-00-7
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
The Freeman Foundation P-01644-00-7 is a 501(c)(3) organization based in New York, New York, registered in 1979, with $38,663,294 in FY2024 revenue. CharityIndex grades it C+.
Po Box 5016, New York, NY, 10185 EIN 13-2965090 Since 1979
Revenue (FY2024)
$38.7M
▼ 3.8% vs prior year
Expenses (FY2024)
$26.3M
Net assets
$371.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 The Freeman Foundation P-01644-00-7— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating170 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 The Freeman Foundation P-01644-00-7: 170 mo reserves · +32% margin earns a B+ 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 The Freeman Foundation P-01644-00-7— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 The Freeman Foundation P-01644-00-7: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $25.9M (FY2013) to $38.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,117Net assets $371.5M
Operating margin
32.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$371.5M
Total liabilities
$7,117
Net assets
$371.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,663,294▼3.8% | $26,302,463▲8.6% | $371,522,584▲3.5% | $371,529,701▲3.6% | 990PF |
| 2023 | $40,170,636▲280% | $24,212,294▲2.6% | $358,789,461▲4.5% | $358,789,461▲4.5% | 990PF |
| 2022 | $10,569,405▼71.6% | $23,594,195▼2.1% | $343,347,503▼3.7% | $343,347,503▼3.7% | 990PF |
| 2021 | $37,198,904▲3.5% | $24,105,888▲27.1% | $356,596,332▲3.8% | $356,596,332▲3.8% | 990PF |
| 2020 | $35,941,951▲22.4% | $18,960,964▼20.3% | $343,405,683▲6.6% | $343,405,683▲6.6% | 990PF |
| 2019 | $29,353,855▼7.3% | $23,777,990▲6.9% | $322,115,593▲1.7% | $322,115,593▲1.7% | 990PF |
| 2018 | $31,664,114▼3.7% | $22,243,770▲10.7% | $316,817,106▲3.2% | $316,817,106▲3.2% | 990PF |
| 2017 | $32,892,147▲35.0% | $20,089,003▼1.2% | $306,955,942▲4.4% | $306,955,942▲4.4% | 990PF |
| 2016 | $24,363,030▼15.7% | $20,336,026▲0.4% | $294,107,910▲1.4% | $294,107,910▲1.4% | 990PF |
| 2015 | $28,910,299▼8.9% | $20,249,793▲9.0% | $289,965,508▲3.1% | $289,965,508▲3.1% | 990PF |
| 2014 | $31,720,790▲22.6% | $18,577,311▲23.1% | $281,375,849▲4.8% | $281,375,849▲4.8% | 990PF |
| 2013 | $25,871,506 | $15,096,319▼9.3% | $268,426,732▲4.2% | $268,426,732▲4.2% | 990PF |
| 2012 | — | $16,639,783▲8.4% | $257,681,116▲1.1% | $257,681,116▲1.1% | 990PF |
| 2011 | — | $15,345,283▼4.0% | $254,781,509▲1.1% | $254,781,509▲1.1% | 990PF |
| 2010 | — | $15,983,507 | $251,995,409 | $251,995,409 | 990PF |
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.
Frequently asked questions
- Is The Freeman Foundation P-01644-00-7 a legitimate nonprofit?
- Yes. The Freeman Foundation P-01644-00-7 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2965090, based in New York, New York. Donations are tax-deductible.
- What is The Freeman Foundation P-01644-00-7's EIN?
- The Freeman Foundation P-01644-00-7's Employer Identification Number (EIN) is 13-2965090.
- How much revenue does The Freeman Foundation P-01644-00-7 report?
- The Freeman Foundation P-01644-00-7 reported $38,663,294 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Freeman Foundation P-01644-00-7 have?
- CharityIndex grades The Freeman Foundation P-01644-00-7 C+, based on financial health (reserves and operating margin).
More nonprofits in New York
Explore more
Data for The Freeman Foundation P-01644-00-7 (EIN 13-2965090) 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.