Liberty House of Albany Inc
Analysis
Liberty House of Albany Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 House of Albany Inc reported income of $907k and spending of $817k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $913k to $907k (-0.7%), an average of -0.2% a year. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Liberty House of Albany Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Computer Services for the Blind Inc ($907k), Raintree Village Childrens Foundation Inc ($908k) and Heshima Association ($907k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $519k. At year end it held assets of $1.5m against liabilities of $512k, net assets of $1.0m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Computer Services for the Blind Inc | Brooklyn | $907k |
| Raintree Village Childrens Foundation Inc | Valdosta | $908k |
| Heshima Association | Brooklyn Park | $907k |
| Missaukee County Commission on Aging | Lake City | $908k |