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Liberty House of Albany Inc

RegisteredEIN 58-1454465Albany, GAPoverty relief
Income$907k2023-06
Spending$817ksame year
Spent / received84%5-year average
Size in its cause74th pctPoverty relief
Exempt since1982Publicly supported organisat
Employees25latest return

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

$0$253k$507k$760k$1.0m2019 Income: $913,4062019 Spending: $752,22920192020 Income: $1,009,8982020 Spending: $828,79720202021 Income: $1,013,8252021 Spending: $842,58420212022 Income: $956,1132022 Spending: $805,53920222023 Income: $907,3682023 Spending: $817,3822023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 3.6%

Similar-sized charities, same cause

CharityLocationIncome
Computer Services for the Blind IncBrooklyn$907k
Raintree Village Childrens Foundation IncValdosta$908k
Heshima AssociationBrooklyn Park$907k
Missaukee County Commission on AgingLake City$908k