A recent outcome evaluation of the InnerChange Freedom Initiative (InnerChange), a faith-based prisoner reentry program that has operated within Minnesota's prison system since 2002, showed the program is effective in lowering recidivism. This study extends research on InnerChange by conducting a cost-benefit analysis of the program. Because InnerChange relies heavily on volunteers and program costs are privately funded, the program exacts no additional costs to the State of Minnesota. As a result, this study focused on estimating the program's benefits by examining recidivism and post-release employment. The findings showed that during its first six years of operation in Minnesota, InnerChange produced an estimated benefit of 3million,whichamountstonearly8,300 per participant. Much of this benefit stems from costs avoided as a result of the program's impact on reoffending