Freedom Rain INC
Birmingham, Alabama
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,978,639↓1% | $10,537,486↑11% | $3,824,029↑60% | |
| 2022 | $11,105,556↑32% | $9,494,317↑18% | $2,394,899↑61% | — |
| 2021 | $8,388,398↑2% | $8,073,262↑13% | $1,488,299↓63% | — |
| 2020 | $8,263,908↑28% | $7,161,419↓4% | $4,022,289↓26% | — |
| 2019 | $6,437,707↓11% | $7,448,304↓13% | $5,411,331↑3% | — |
| 2018 | $7,246,341↑5% | $8,518,755↑15% | $5,244,580↓4% | — |
| 2017 | $6,878,069↑17% | $7,399,241↑16% | $5,438,178↓4% | — |
| 2016 | $5,889,420↑8% | $6,356,702↑19% | $5,646,589↑10% | — |
| 2015 | $5,467,641↑9% | $5,321,678↑6% | $5,123,821↓4% | — |
| 2014 | $5,034,287↓9% | $5,039,627↓8% | $5,335,380↓37% | — |
| 2013 | $5,549,840↑6% | $5,489,154↓6% | $8,445,221↑71% | — |
| 2012 | $5,246,484↓30% | $5,811,176↑43% | $4,948,368↓2% | — |
| 2011 | $7,497,152 | $4,049,712 | $5,048,586 | — |
Frequently Asked Questions
What does Freedom Rain INC do?▼
Freedom Rain INC is a human services nonprofit organization based in Alabama. It is classified under NTEE code P51 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freedom Rain INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Freedom Rain INC has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Freedom Rain INC generate?▼
Freedom Rain INC reports $18.9M in annual revenue and holds $9.9M in total assets, based on IRS filings.
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