Liberty Ministries

Analysis

Liberty Ministries is a registered charity in United States, based in Schwenksville, PA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liberty Ministries reported income of $11.1m and spending of $10.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $11.1m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Ministries sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include People First Industries of Bryan County Inc ($11.1m), Psycho-Social Rehabilitation Center Inc ($11.1m) and N Street Village Inc ($11.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 96% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $17.4m against liabilities of $9.6m, net assets of $7.7m. It reported 428 employees.