Alpha and Omega Freedom Ministries Incorporated

Analysis

Alpha and Omega Freedom Ministries Incorporated is a registered charity in United States, based in Wauchula, FL. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alpha and Omega Freedom Ministries Incorporated reported income of $325k and spending of $440k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $509k to $325k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha and Omega Freedom Ministries Incorporated sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Levy County Public Schools Foundation Inc ($325k), John S Thorner Charitable Family Trust ($325k) and Seaside Aquatics Club ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 25% of the total. Other salaries and wages came to $72k. At year end it held assets of $2.8m against liabilities of $2.4m, net assets of $420k. It reported 4 employees.