Offers free online programming lessons through videos, articles, and interactive exercises.
For fiscal year 2022 it reported $4.3M in revenue, $1.4M in expenses, and $5.0M in net assets.Pt I
Where the money goes · FY2022
Total revenue
$4.3M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$5.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.9M
Where spending went · Part IX cols B–D
86%
Program services $0.86 Management & general $0.10 Fundraising $0.05
Program efficiency
86%
of spending reaches programs
Operating runway
43.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+67%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2022 · Form 990
Revenue
$4.3M
FY2022▲ +32%
$4.3M$2.1M$0
FY2020FY2024
Expenses
$1.4M
FY2022▲ +58%
$1.7M$827K$0
FY2020FY2024
Total assets
$5.0M
FY2022▲ +86%
$9.8M$4.9M$0
FY2020FY2024
Total liabilities
$0
FY2022
$1$0$0
FY2020FY2024
Total revenue
$4.3M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$5.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.9M
Total assetsPt X · Ln 16$5.0M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III
Where the work happens
3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2022.
01
Core Curriculum
freecodecamp.org/learn - We refined freeCodeCamps core curriculum of more than 3,000 hours of interactive programming learning. We launched 2 new certifications in both Responsive Web Design and Relational Database Management. A vast amount of work remains in refining our core curriculum, but we are making steady progress.
$437Kprogram expense
02
Youtube Channel
We developed more than 100 full-length video courses about math, programming, and technology, and made them freely available on freeCodeCamps YouTube channel, which now has more than 8 million subscribers. Many of these courses were created by university professors and experienced practitioners from the field of software development.
$407Kprogram expense
03
Publication
freecodecamp.org/news - Our charity's publication hosts more than 10,000 tutorials on math, programming, and computer science. We have a number of editors and authors who work to make this possible. We also started development of our own Content Management System to serve so many visitors at scale.
Michael Quincy Larson’s $325K as Exec Dir/Treas
is at the 89th percentile of top reported officer pay among 361 $1–10M science & technology nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Michael Quincy Larson · Reported title Exec Dir/Treas · Highest reported compensation $200K · Total expenses $1.4M
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $200K · Total expenses $1.4M
14%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
86%
—
—
Overhead ratio
10%
—
—
Fundraising cost ratio
2%
—
—
Revenue growth
32%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
1%
—
—
Accounting fee ratio
0%
—
—
Fundraising fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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