Life Freedom Ministries

Analysis

Life Freedom Ministries is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in July 2007, 19 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 December 2023, Life Freedom Ministries reported income of $55k and spending of $62k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $55k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Freedom Ministries sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Mon Buddhist Temple of Minnesota Corporation ($55k), Avenue B Christian Center ($55k) and Friends of Faith ($55k).

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 $52k against liabilities of $0, net assets of $52k.