Free at Last Ministries Inc

Analysis

Free at Last Ministries Inc is a registered charity in United States, based in Bedford, IN. It received its IRS tax-exemption ruling in March 2011, 15 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, Free at Last Ministries Inc reported income of $119k and spending of $121k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $263k to $119k (-54%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Free at Last Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Live 10 27 Ministries ($119k), Man Cave Ministry Inc ($119k) and Haitian Evangelical Baptist Church of Pleasantville ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,610. At year end it held assets of $555k against liabilities of $52k, net assets of $503k.