Center for a Free Economy Inc logo

Center for a Free Economy Inc

501(c)(4) organization Alexandria, VA EIN: 83-1471221 Website

To educate the public and policymakers about tax policy, health care policy, trade policy, and other issues related to economic policy

Key facts about Center for a Free Economy Inc

EIN
83-1471221
Latest 990 filing
Form 990, 2024
Total assets
$1,320,190

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.3M

+60.3% YoY

Revenue

$1.8M

+52.0% YoY

Net Investment Income

$29K

+154.7% YoY

Expenses

$1.3M

+32.4% YoY

How Center for a Free Economy Inc gives

  • Giving grew 353% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About Center for a Free Economy Inc

Based on IRS filings

Center for a Free Economy Inc is a public charity focused on Community Improvement & Capacity Building, based in Alexandria, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. Net investment income was $29K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

WashingtonAlexandriaWinchesterTallahassee

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants2020 2 grants2021 5 grants2022 4 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $40K (2021) to $340K (2023). In 2023 it made 4 grants totaling $340K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

13 grants across all recorded years

9<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 13 (69%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,320,190$823,452$621,864
Revenue$1,785,348$1,174,600$538,212
Expenses$1,288,270$973,012$527,536
Net Investment Income$29,348$11,523$212

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 10, 2024)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Center for a Free Economy Inc is led by Ryan Ellis, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ryan Ellis

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Alex Hendrie

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Palmer Schoening

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Martha Springer (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Center for a Free Economy Inc

How large is Center for a Free Economy Inc?

Center for a Free Economy Inc reported $1.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.8M.

What is Center for a Free Economy Inc?

Center for a Free Economy Inc is a public charity focused on Community Improvement & Capacity Building, based in Alexandria, VA. It holds $1.3M in total assets as of 2024.

Where does Center for a Free Economy Inc operate?

Center for a Free Economy Inc has awarded grants in District of Columbia, Florida, Virginia.

What is Center for a Free Economy Inc's EIN?

Center for a Free Economy Inc's EIN (Employer Identification Number) is 83-1471221. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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