Living Free Ministries Inc

Analysis

Living Free Ministries Inc is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in April 1982, 44 years ago. The IRS classifies it as a church 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 $175k and spending of $170k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $184k to $175k (-4.6%), an average of -2.3% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Free Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Pregnancy Resource Center of Mountain Grove ($175k), Saber Strong Employee Support Foundation ($175k) and Christian Resource Center ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $128k (75% of expenses). At year end it held assets of $236k against liabilities of $483, net assets of $236k. It reported 1 employees.