Liberty Community Development Inc

Analysis

Liberty Community Development Inc is a registered charity in United States, based in Windsor, MD. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Liberty Community Development Inc reported income of $65k and spending of $79k, spending 123% of what it took in. Across the 3 years on record, from December 2018 to December 2022, income fell from $455k to $65k (-86%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Liberty Community Development Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Kebire Relief Organization ($65k), Hampton Roads Refugee Relief Inc ($65k) and Marlees Smile ($65k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 95% of the total. At year end it held assets of $82k against liabilities of $101k, net assets of -$19k.