Liberty Hill Foundation

Analysis

Liberty Hill Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1976, 50 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 September 2023, Liberty Hill Foundation reported income of $27.6m and spending of $30.1m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.6m to $27.6m (+48%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Liberty Hill Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Partnership Schools ($27.5m), American Friends of Leket Israel Inc ($27.6m) and Foundation for Jewish Philanthropies ($27.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $939k (3.1% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $33.6m against liabilities of $5.3m, net assets of $28.3m. It reported 51 employees.