Freedom Forever Ministries Inc
Analysis
Freedom Forever Ministries Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in April 2007, 19 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, Freedom Forever Ministries Inc reported income of $121k and spending of $119k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $121k (-1.2%), an average of -1.2% a year. Over the whole period it spent 90% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Freedom Forever Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Everyday Mission Inc ($121k), Wichita Adore Ministries ($121k) and Allen Family Minstries Inc ($121k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $86k against liabilities of $504, net assets of $86k.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Everyday Mission Inc | Jupiter | $121k |
| Wichita Adore Ministries | Colwich | $121k |
| Allen Family Minstries Inc | Columbia | $121k |
| Event Evangelism Inc | Dover | $121k |