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Liberty Proclaimed Ministry

RegisteredEIN 75-2958941Fort Worth, TXReligion
Income$3.3m2023-12
Spending$3.1msame year
Spent / received95%5-year average
Size in its cause97th pctReligion
Exempt since2002Publicly supported organisat
Employees0latest return

Analysis

Liberty Proclaimed Ministry is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Liberty Proclaimed Ministry reported income of $3.3m and spending of $3.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Liberty Proclaimed Ministry sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Harvesters Ministries Inc ($3.3m), Radio Vision Cristiana Inc ($3.3m) and Hillel the Foundation for Jewish Campus Life ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $849k. At year end it held assets of $1.4m against liabilities of $376k, net assets of $1.1m.

Income and spending

$0$827k$1.7m$2.5m$3.3m2019 Income: $2,853,5102019 Spending: $2,525,16220192020 Income: $2,864,4392020 Spending: $2,632,95920202021 Income: $2,782,2362021 Spending: $2,860,93720212022 Income: $2,819,6512022 Spending: $2,745,52820222023 Income: $3,309,4912023 Spending: $3,080,2482023
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Harvesters Ministries IncFort Mill$3.3m
Radio Vision Cristiana IncPaterson$3.3m
Hillel the Foundation for Jewish Campus LifeCambridge$3.3m
Good Life Broadcasting IncLake Mary$3.3m