Labs for Liberty

Analysis

Labs for Liberty is a registered charity in United States, based in Morgan, UT. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Labs for Liberty reported income of $113k and spending of $99k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $113k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Labs for Liberty sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within UT. Charities of a similar size with the same main cause include PTA Georgia Congress ($113k), Halifax County Little Theater Inc ($113k) and Nandalala Mission of California Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $34, net assets of $184k.