The oxygen content in La0.5Sr0.5Fe1-xMnxO3-δ, measured by coulometric titration in a wide range of oxygen partial pressure at various temperatures, was used for defect chemistry analysis. The obtained data were well approximated by a model assuming defect formation in La0.5Sr0.5Fe1-xMnxO3-δvia Fe3+ and Mn3+ oxidation reactions and charge disproportionation on Fe3+ and Mn3+ ions. The partial molar enthalpy and entropy of oxygen in La0.5Sr0.5Fe1-xMnxO3-δ obtained by statistical thermodynamic calculations were found to be in satisfactory agreement with those obtained using the Gibbs-Helmholtz equations, thus further confirming the adequacy of the model. The impact of manganese substitution on defect equilibrium in La0.5Sr0.5Fe1-xMnxO3-δ was shown to be attributed to a lower enthalpy of Mn3+ oxidation reaction (vs. for the oxidation of Fe3+) and the charge disproportionation reaction on Mn3+ (vs. for that on Fe3+). The former makes Mn4+ ions more resistant to reduction than Fe4+. The latter favors the presence of Mn2+, Mn3+, and Mn4+ ions in oxides in comparable concentrations. The distribution of charge carriers over iron and manganese ions was determined as a function of oxygen content in La0.5Sr0.5Fe1-xMnxO3-δ.