Freedom in Truth Ministries

Analysis

Freedom in Truth Ministries is a registered charity in United States, based in Ripon, CA. It received its IRS tax-exemption ruling in October 2013, 13 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, Freedom in Truth Ministries reported income of $125k and spending of $122k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $125k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Freedom in Truth Ministries 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 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Pioneers Home Education Support Services ($125k), Connie Ware Music Evangelism Association Inc ($125k) and Tabor Ministries Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $2,924 against liabilities of $2,924, net assets of $0.