The Sons of Liberty

Analysis

The Sons of Liberty is a registered charity in United States, based in Annandale, MN. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Sons of Liberty reported income of $570k and spending of $669k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $570k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Sons of Liberty sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Ohio County & Independent Agricultural Societies ($570k), A Center of Hope CPC Inc ($570k) and Quail Hollow ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $206k (31% of expenses). Other salaries and wages came to $56k. At year end it held assets of $589k against liabilities of $7,518, net assets of $582k. It reported 3 employees.