Liberties Inc

Analysis

Liberties Inc is a registered charity in United States, based in Clinton TWP, MI. It received its IRS tax-exemption ruling in June 2023, 3 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 September 2023, Liberties Inc reported income of $315k and spending of $294k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $265k to $315k (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2022, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Liberties Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Norway Shores Inc ($315k), Kickin Cancer in Sublette County ($315k) and Kansas Pediatric Foundation ($315k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $150k. At year end it held assets of $33k against liabilities of $33k, net assets of $0. It reported 15 employees.