Freedom Life Ministries
Marion, North Carolina
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.4M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$1.7M
Net Assets
📋
$42K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+95.5%
Year-over-year change (2022 → 2023)
Net Margin
+22.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.59
Net assets divided by total expenses
Liabilities-to-Assets
2.4%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,406,362↑96% | $1,089,769↑4% | $1,777,240↑21% | |
| 2022 | $719,338↓63% | $1,051,078↑29% | $1,464,791↓17% | — |
| 2021 | $1,945,477↑96% | $816,467↑35% | $1,769,942↑170% | — |
| 2020 | $991,512↑60% | $602,736↑16% | $656,327↑222% | — |
| 2019 | $618,826↑63% | $520,679↑29% | $203,843↑100% | — |
| 2018 | $379,514↑39% | $402,134↑38% | $101,926↑124% | — |
| 2017 | $272,844↑62% | $290,920↑76% | $45,436↓9% | — |
| 2016 | $168,803↑36% | $165,574↑63% | $50,092↑13% | — |
| 2015 | $123,829↑77% | $101,294↑25% | $44,288↑78% | — |
| 2014 | $69,896↑21% | $81,242↑146% | $24,945↑130% | — |
| 2013 | $57,690↑3105% | $33,039↑1938% | $10,865↑5970% | — |
| 2012 | $1,800 | $1,621 | $179 | — |
Frequently Asked Questions
What does Freedom Life Ministries do?▼
Freedom Life Ministries is a crime & legal-related nonprofit organization based in North Carolina. It is classified under NTEE code I40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Freedom Life Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Freedom Life Ministries.
How much revenue does Freedom Life Ministries generate?▼
Freedom Life Ministries reports $2.0M in annual revenue and holds $2.8M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Crime & Legal-Related category, or browse all nonprofits in North Carolina.