Liberty Center for the Homeless Inc

Analysis

Liberty Center for the Homeless Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 2022, Liberty Center for the Homeless Inc reported income of $698k and spending of $749k, spending 107% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $674k to $698k (+3.6%), an average of +0.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Center for the Homeless Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Ida M McFarlin Memorial Trust ($698k), Mathews Volunteer Rescue Squad Incorporated ($698k) and Camp Beechpoint Inc ($698k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $253k. At year end it held assets of $1.7m against liabilities of $1.2m, net assets of $509k. It reported 22 employees.