Liberty University Foundation

Analysis

Liberty University Foundation is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Liberty University Foundation reported income of $118k and spending of $8,591, leaving 93% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $950k to $118k (-88%), an average of -41% a year. The sharpest change came in the year to June 2022, when income rose by 28488%. Over the whole period it spent 0.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty University Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Virginia Criminal Justice Foundation Inc ($118k), Cedar Grove Elementary PTO ($118k) and PTA California Congress of Parents Teachers & Students Inc ($118k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $275k against liabilities of $2.9m, net assets of -$2.6m.