Freedom House Ministries
Analysis
Freedom House Ministries is a registered charity in United States, based in Merriam, KS. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2023, Freedom House Ministries reported income of $884k and spending of $909k, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $562k to $884k (+57%), an average of +12% a year. The sharpest change came in the year to May 2020, when income rose by 20%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Freedom House Ministries sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include Brightpath ($884k), New Horizon High School ($884k) and Occa Foundation ($884k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 46% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $90k (9.9% of expenses). Other salaries and wages came to $483k. At year end it held assets of $1.5m against liabilities of $129k, net assets of $1.3m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 48%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brightpath | Capitola | $884k |
| New Horizon High School | Chandler | $884k |
| Occa Foundation | Orange | $884k |
| Kewanee School District 229 Foundation Fund | Kewanee | $884k |