Liberty Manor for Veterans Inc

Analysis

Liberty Manor for Veterans Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liberty Manor for Veterans Inc reported income of $528k and spending of $427k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $528k (+107%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Liberty Manor for Veterans Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include St Francis of Assissi Inc ($528k), Somerset Committee for the Homeless Inc ($528k) and Ucc X Inc ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $147k (34% of expenses). At year end it held assets of $375k against liabilities of $0, net assets of $375k.