Liberation Alliance for Economic and Social Change
Analysis
Liberation Alliance for Economic and Social Change is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2014, 12 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, Liberation Alliance for Economic and Social Change reported income of $100k and spending of $66k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $100k (-1.5%), an average of -1.5% a year. Over the whole period it spent 113% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Liberation Alliance for Economic and Social Change sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Corvino Foundation Inc ($100k), White County Food Pantry Inc ($100k) and Project 541 ($100k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.0% of the total. At year end it held assets of $204k against liabilities of $289, net assets of $204k.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 9.0%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Corvino Foundation Inc | Chesterfield | $100k |
| White County Food Pantry Inc | Cleveland | $100k |
| Project 541 | Chattanooga | $100k |
| Society of St Vincent de Paul District of Council Rochester MN | Rochester | $100k |