1. A method for analyzing application privacy, comprising: receiving, with a privacy analyzing server device, a request from a client computing device for one or more privacy ratings, the request identifying one or more applications or web sites; obtaining, with the privacy analyzing server device, a policy associated with each of the identified applications or web sites; analyzing, with the privacy analyzing server device, contents of each of the obtained policies to identify a plurality of key words or phrases included in the obtained policies; generating, with the privacy analyzing server device, one or more privacy ratings for each of the identified applications or web sites based on numerical values associated with a level of privacy and assigned to each of the identified key words or phrases included in each of the obtained policies; and outputting, with the privacy analyzing server device, an overall privacy rating to the client computing device in response to the request, wherein the overall privacy rating is for a user of the client computing device and is determined based at least in part on the generated one or more privacy ratings.