Friends of Ft Liberte

Analysis

Friends of Ft Liberte is a registered charity in United States, based in S Charleston, WV. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Friends of Ft Liberte reported income of $647k and spending of $702k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $901k to $647k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Ft Liberte sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WV. Charities of a similar size with the same main cause include Ridewise Inc ($647k), Carolina Business Capital ($647k) and Regional Data Cooperative for Greater New Haven Inc ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $307k against liabilities of $0, net assets of $307k.