Set Free Prison Ministries

Analysis

Set Free Prison Ministries is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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, Set Free Prison Ministries reported income of $53k and spending of $51k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $53k (+14%), an average of +14% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Set Free Prison Ministries sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within CO. Charities of a similar size with the same main cause include Kiwanis Charities Inc Salisbury ($53k), Ann Arbor Jewish Cultural School ($53k) and Alano Club of the Piedmont Area ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.