Live Free Ministries
Analysis
Live Free Ministries is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in November 1998, 28 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, Live Free Ministries reported income of $752k and spending of $800k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $752k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 85% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Live Free Ministries sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within KS. Charities of a similar size with the same main cause include Vision Ministry Inc ($752k), Calvary Radio Network ($752k) and McGowan Global Institute ($752k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Other salaries and wages came to $420k. At year end it held assets of $1.1m against liabilities of $4,044, net assets of $1.1m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 53%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vision Ministry Inc | Huntsville | $752k |
| Calvary Radio Network | Valparaiso | $752k |
| McGowan Global Institute | Brentwood | $752k |
| Global Mission Awareness | Peachtree Cty | $752k |