Liberty Hills Academy

Analysis

Liberty Hills Academy is a registered charity in United States, based in Bountiful, UT. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2024, Liberty Hills Academy reported income of $315k and spending of $352k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $215k to $315k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Hills Academy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within UT. Charities of a similar size with the same main cause include Decode Project Inc ($315k), Pompton Plains Pre-School Parents Association ($315k) and Highland Montessori School ($315k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.7% and program service revenue 89% of the total. Other salaries and wages came to $176k. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $146k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.