Equi-Librium Inc

Analysis

Equi-Librium Inc is a registered charity in United States, based in Nazareth, PA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Equi-Librium Inc reported income of $1.3m and spending of $730k, leaving 42% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $362k to $1.3m (+247%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equi-Librium Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Society of St Vincent Depaul of Sheboygan County Inc ($1.3m), Save Our Allies ($1.3m) and Rocky Mountain Farmers Union Educational and Charitable ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $67k (9.1% of expenses). Other salaries and wages came to $293k. At year end it held assets of $1.8m against liabilities of $11k, net assets of $1.8m. It reported 37 employees.