Libertae Incorporated

Analysis

Libertae Incorporated is a registered charity in United States, based in Bensalem, PA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Libertae Incorporated reported income of $2.5m and spending of $2.8m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $2.5m (-38%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Libertae Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Family and Youth Counseling Agency ($2.5m), Pittsford Volunteer Ambulance Inc ($2.5m) and Core Treatment Services Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $162k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.0m against liabilities of $2.3m, net assets of $662k. It reported 50 employees.