Freedom Communities

Community Development · Charlotte, North Carolina

3501 Tuckaseegee Rd, Charlotte, NC 28208-3051

EIN: 822329303· Founded: Mar 2018· 8 years active· Filing Year: 2023

Annual Revenue

$2.4M

Total Expenses

$1.9M

Total Assets

$6.6M

Program Spending

26%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$143K

7.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$730K

Total Payroll

$873K

46% of total expenses

Where the Money Goes

26%

Programs: 26%

Payroll: 46%

Other overhead: 74%

Program Revenue$500K (21%)

Total Expenses$1.9M (78%)

Payroll$873K (46%)

Overhead (non-program)74%

Trust Score Breakdown

Program Spending Ratio

26% of expenses go to programs

40%

Revenue & Stability

$2.4M annual revenue

15%

Executive Compensation

$143K total officer comp (7.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.6M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.