Freeland Ministries Inc

Analysis

Freeland Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2009, 17 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, Freeland Ministries Inc reported income of $142k and spending of $139k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $270k to $142k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Freeland Ministries Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Lifechange Ministries Inc ($142k), Stepping Stones for Life Inc ($142k) and First Presbyterian Church ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $220k against liabilities of $53, net assets of $220k.