FREEDOM RAIN INC

Birmingham, AL, US
501(c)3
EIN
72-1344856
Birmingham, AL, US
501(c)3
EIN
72-1344856

Overview

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Est.

1997

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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FREEDOM RAIN INC, operating under the mission of The Lovelady Center, is a non-denominational faith-based organization focused on financial counseling and supporting women in overcoming addiction and personal tragedy to reintegrate into the community as valued members. With an operating budget of $12.3 million and total revenue of $18.9 million for the filing year 2024, the organization demonstrates significant financial scale and sustainability. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its impactful programs. More information can be found on their website at www.loveladycenter.org.

Mission Statement

THE LOVELADY CENTER IS A NON-DENOMINATIONAL FAITH-BASED ORGANIZATION WHOSE PURPOSE IS TO HELP WOMEN BUILD A STRONG AND POSITIVE FOUNDATION IN CHRIST. THE GOAL OF THE CENTER IS TO HELP WOMEN OVERCOME ADDICTION AND TRAGEDY AND RETURN TO THE COMMUNITY AS ESTEEMED WOMEN OF GOD.
Revenues

$18.9M

Expenses

$12.3M

Net Income:
+$6.6M
Assets

$9.9M

Liabilities

$1.8M

Net Assets:
+$8.1M
Operating Budget

$12.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

16

Median grant size
$27.5K
Largest grant received
$4.3M
M
Melinda Megahee
Board Member
D
Don Ankenbrandt
Board Member
M
Matthew Gregory
Board Member

Frequently Asked Questions

What is FREEDOM RAIN INC’s budget?
In 2024, FREEDOM RAIN INC reported an annual operating budget of around $12.3 million. More detailed financial information is available to registered users.
What causes does FREEDOM RAIN INC support?
FREEDOM RAIN INC supports work in Financial counseling.
Where does FREEDOM RAIN INC operate?
FREEDOM RAIN INC is headquartered in Birmingham, AL.
Who funded FREEDOM RAIN INC recently?
In 2025, FREEDOM RAIN INC received grants from CAWACO RESOURCE CONSERVATION & DEVELOPMENT COUNCIL INC, THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM, and NATL CHRISTIAN CHARITABLE FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant FREEDOM RAIN INC received in 2024?
The largest grant to FREEDOM RAIN INC in 2024 exceeds $4.3 million.
Overview
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