Live Free Ministries a NJ Nonprofit Corporation

Analysis

Live Free Ministries a NJ Nonprofit Corporation is a registered charity in United States, based in Woodbury, NJ. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Live Free Ministries a NJ Nonprofit Corporation reported income of $395k and spending of $384k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $338k to $395k (+17%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Live Free Ministries a NJ Nonprofit Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Blue Ridge Free Clinic Inc ($395k), Epilepsy Alliance North Carolina ($395k) and Alabaster House ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $84k (22% of expenses). Other salaries and wages came to $47k. At year end it held assets of $120k against liabilities of $8,327, net assets of $112k. It reported 3 employees.