Life of Freedom Ministries Inc

Analysis

Life of Freedom Ministries Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Life of Freedom Ministries Inc reported income of $63k and spending of $64k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $63k (+3.2%), an average of +3.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life of Freedom Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IN. Charities of a similar size with the same main cause include Solutions Over Sickness Inc ($63k), Lenny Schelin Jr Memorial Tournament Inc ($63k) and Hope Reins Inc ($63k).

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 $19k against liabilities of $0, net assets of $19k.