Liberation Prayer Ministries

Analysis

Liberation Prayer Ministries is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liberation Prayer Ministries reported income of $69k and spending of $69k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $15k to $69k (+347%), an average of +112% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Liberation Prayer Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Sacred Ground Center for Spirituality ($69k), Walking in Freedom Ministries ($69k) and Teachers of the Word ($69k).

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