Freedom in Christ Ministries

Analysis

Freedom in Christ Ministries is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Freedom in Christ Ministries reported income of $2.0m and spending of $2.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Freedom in Christ Ministries sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Skylark Camps Inc ($2.0m), We Will Go ($2.0m) and Rahmat-E-Alam Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $124k (5.7% of expenses). Other salaries and wages came to $147k. At year end it held assets of $1.1m against liabilities of $216k, net assets of $836k. It reported 30 employees.