Free to Be Ministries

Analysis

Free to Be Ministries is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in August 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, Free to Be Ministries reported income of $262k and spending of $265k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $206k to $262k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free to Be Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Michigan Seed Potato Association ($262k), Strong Tower Orphanage Inc ($262k) and Lions Gate Ministries Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $34k (13% of expenses). Other salaries and wages came to $166k. At year end it held assets of $40k against liabilities of -$20, net assets of $40k. It reported 3 employees.