Living Free Ministries Inc

Analysis

Living Free Ministries Inc is a registered charity in United States, based in Snow Camp, NC. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Living Free Ministries Inc reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.5m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Living Free Ministries Inc 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 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Caring House Inc ($2.5m), New Found Community Foundation Inc ($2.5m) and Town of Newburgh Emergency Medical Services Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.1m against liabilities of $695k, net assets of $2.4m. It reported 76 employees.