Freedom House Ministries Inc

Analysis

Freedom House Ministries Inc is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Freedom House Ministries Inc reported income of $222k and spending of $267k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $222k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Freedom House Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Energy Conservation Associates Inc ($222k), One Church One Child Inc ($222k) and Eau Claire County Housing Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $194k. At year end it held assets of $138k against liabilities of $11k, net assets of $127k. It reported 14 employees.