Freedom Inn His Grace Ministry

Analysis

Freedom Inn His Grace Ministry is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Freedom Inn His Grace Ministry reported income of $131k and spending of $305, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $131k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 1.7% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freedom Inn His Grace Ministry sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Minors in Need of Resettlement Inc Minors ($131k), Parental Hope Inc ($131k) and Serendipity Mercantile ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.