Set Free to Be Ministries Inc

Analysis

Set Free to Be Ministries Inc is a registered charity in United States, based in Gray Court, SC. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Set Free to Be Ministries Inc reported income of $297k and spending of $306k, spending 103% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $327k to $297k (-9.3%), an average of -9.3% a year. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Set Free to Be 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 62nd percentile, and in the 66th percentile within SC. Charities of a similar size with the same main cause include Macintosh Ministries Inc ($297k), Institute for Discipleship Training ($297k) and Kenya Mercy Ministries ($297k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $131k against liabilities of $0, net assets of $131k. It reported 2 employees.