Living Free Ministries

Analysis

Living Free Ministries is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in September 2016, 10 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 April 2024, Living Free Ministries reported income of $61k and spending of $33k, leaving 46% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $32k to $61k (+92%), an average of +92% a year. The sharpest change came in the year to April 2024, when income rose by 92%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Free Ministries sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include Sophia Code Foundation ($61k), Francis Wayland Foundation of Wisconsin ($61k) and Life Bridge Ministries ($61k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $67k against liabilities of $11k, net assets of $56k.