Walking in Freedom Ministries

Analysis

Walking in Freedom Ministries is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Walking in Freedom Ministries reported income of $69k and spending of $64k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $69k (-0.3%), an average of -0.3% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Walking in Freedom Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Liberation Prayer Ministries ($69k), Bridgeway Ministries International ($69k) and Sacred Ground Center for Spirituality ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $426k against liabilities of $5,643, net assets of $421k.