Freedom Reads
Hamden, Connecticut
Financial Health Score
Provisional9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
2 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $14,531,468โ135% | $4,637,427โ142% | $15,645,672โ226% | โ |
| 2022 | $6,175,615 | $1,919,726 | $4,796,992 | โ |
Frequently Asked Questions
What does Freedom Reads do?โผ
Freedom Reads is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freedom Reads financially healthy?โผ
Based on our 9-metric Financial Health Score model, Freedom Reads has a score of 70/100 (Grade: B+). 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 Reads generate?โผ
Freedom Reads reports $3.6M in annual revenue and holds $13.2M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Human Services category, or browse all nonprofits in Connecticut.