Liberty Village

Analysis

Liberty Village is a registered charity in United States, based in Jamison, PA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Liberty Village reported income of $3.8m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.8m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Village sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Davis Phinney Foundation ($3.8m), Forum for the Future US Inc ($3.8m) and Community Aging and Retirement Services Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $119k (3.2% of expenses). Other salaries and wages came to $787k. At year end it held assets of $19.8m against liabilities of $21.5m, net assets of -$1.7m. It reported 71 employees.