Libertore Fund for Children Inc

Analysis

Libertore Fund for Children Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Libertore Fund for Children Inc reported income of $400k and spending of $417k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $628k to $400k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Libertore Fund for Children Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include NCR Charity Corporation ($400k), Superior Community Corporation Inc ($400k) and Door County Triathlon Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $71k. At year end it held assets of $68k against liabilities of $0, net assets of $68k. It reported 1 employees.