Philippi Freedom Ministry

Analysis

Philippi Freedom Ministry is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in March 2012, 14 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, Philippi Freedom Ministry reported income of $296k and spending of $236k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $345k to $296k (-14%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philippi Freedom Ministry 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 61st percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Hot Hearts ($296k), Soto Zen Buddhism International Center ($296k) and Sowing Seeds of Joy Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $148k (63% of expenses). At year end it held assets of $638k against liabilities of $0, net assets of $638k.