Keys to Freedom Ministries Inc

Analysis

Keys to Freedom Ministries Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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, Keys to Freedom Ministries Inc reported income of $88k and spending of $88k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $88k (+15%), an average of +15% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keys to Freedom Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Merrill Historical Society Inc ($88k), Albion Fire Department Inc ($88k) and Mason City Public Library Foundation Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,106 against liabilities of $1,653, net assets of $3,453.