Freedom Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 158,884 | 192,607 | −33,723 | 3.5 | — |
| 2020 | 129,461 | 86,868 | 42,593 | 13.7 | — |
| 2021 | 142,989 | 104,652 | 38,337 | 15.7 | — |
| 2022 | 119,795 | 121,385 | −1,590 | 13.4 | — |
| 2023 | 99,464 | 154,169 | −54,705 | 6.3 | — |
In its most recent public year (2023), this organization spent $54,705 more than it brought in. Its reserves stood at about 6.3 months of spending, up from 3.5 in 2019.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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