Free Store Ministry Inc

Analysis

Free Store Ministry Inc is a registered charity in United States, based in Conway, MO. It received its IRS tax-exemption ruling in February 2004, 22 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 Store Ministry Inc reported income of $694k and spending of $675k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $619k to $694k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free Store Ministry Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Promise Neighborhood of Central Minnesota ($694k), Purple Door Christian Child Care ($694k) and Womens Impact Fund ($694k).

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 $735k against liabilities of $60k, net assets of $675k.