Libertys Kitchen

Analysis

Libertys Kitchen is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Libertys Kitchen reported income of $985k and spending of $1.7m, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $985k (-58%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Libertys Kitchen sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Bright Roads Montessori School ($985k), Missionary Baptist Seminary & Institute ($985k) and Asian American Scholar Forum Inc ($984k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $113k (6.7% of expenses). Other salaries and wages came to $336k. At year end it held assets of $2.1m against liabilities of $1.3m, net assets of $822k. It reported 12 employees.