Liberty Resources Inc

Analysis

Liberty Resources Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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 Resources Inc reported income of $81.2m and spending of $81.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $62.9m to $81.2m (+29%), an average of +6.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Resources Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Community Health Centers Inc ($81.2m), National Association of County and City Health Officials ($81.4m) and Gilchrist Hospice Care Inc ($81.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $53.2m. At year end it held assets of $37.1m against liabilities of $13.5m, net assets of $23.6m. It reported 1,761 employees.