Skip to content

Virginia · Nonprofit

FREEDOM VIRGINIA INC

FREEDOM VIRGINIA INC (Virginia) receives grants from 12 organizations whose IRS filings report $9,452,949 to it, the largest being HOPEWELL FUND ($5,700,649). 4 of them have funded it in more than one year, and 80% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.3M
Funders on record
12
Grants received
$9.5M
Net assets
$504k
4/12 repeat fundersgrants exceed reported revenue in one year
01What it does

What Freedom Virginia Inc does

Mission

Freedom virginia's mission is to advance common-sense solutions that will ensure all of virginia's working families have the economic security to thrive.

As stated on its FY2024 Form 990.

Program

  1. Freedom virginia's mission is to advance common-sense solutions that will ensure all of virginia's working families have the economic security to thrive.

    $1,747,501 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,747,501.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($352k) Expenses 100 ($231k) Net assets 100 ($121k)2021 Revenue 981 ($3.5M) Expenses 1431 ($3.3M) Net assets 222 ($268k)2022 Revenue 385 ($1.4M) Expenses 439 ($1.0M) Net assets 504 ($609k)2023 Revenue 1541 ($5.4M) Expenses 2213 ($5.1M) Net assets 759 ($918k)2024 Revenue 379 ($1.3M) Expenses 756 ($1.7M) Net assets 417 ($504k)
20202021202220232024
Revenue (379)Expenses (756)Net assets (417)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $918k to $504k (−45%).

$121k
$268k
$609k
$918k
$504k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of FREEDOM VIRGINIA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$121k
’20
$147k
’21
$341k
’22
$309k
’23
−$414k
’24
3.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed53646
Joined·+2+3+0+3
No longer listed·4021
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $438k → $3.4M.

3 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 80% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FREEDOM VIRGINIA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FREEDOM VIRGINIA INC leans on a few funders — its largest provides 60% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FREEDOM VIRGINIA INC.

60%
largest funder
80%
top three
~3
effective funders

Largest funder’s share by year: 2020 73% · 2021 95% · 2022 62% · 2023 43% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

75% of FREEDOM VIRGINIA INC's funders are still giving 1 year after their first grant; 33% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

80% of FREEDOM VIRGINIA INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.9M that is directly attributable, 78% of it comes from funders outside Virginia, across 5 states.

NY
VA
NC
DC
TX

In-state vs out-of-state, by year

’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $7.5M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FREEDOM VIRGINIA INC has grown faster than three-quarters of the 1,003 public benefit nonprofits its size.

Operating margin−31% · bottom quartile
Months of reserve3.5mo · below the median
Revenue growth (annualized)40% · top quartile

this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024

Organizations like FREEDOM VIRGINIA INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for FREEDOM VIRGINIA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FREEDOM VIRGINIA INC?
FREEDOM VIRGINIA INC (Virginia) receives grants from 12 organizations whose IRS filings report $9,452,949 to it, the largest being HOPEWELL FUND ($5,700,649). 4 of them have funded it in more than one year, and 80% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FREEDOM VIRGINIA INC have?
IRS filings report 12 organizations giving $9,452,949 in grants to FREEDOM VIRGINIA INC, 4 of which have funded it in more than one year.
Who is the largest funder of FREEDOM VIRGINIA INC?
HOPEWELL FUND is the largest funder on record, with $5,700,649 in grants. The full list of funders is on this page.
How can an organization like FREEDOM VIRGINIA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing