Liberty Vision of Hope Restoration Center

Analysis

Liberty Vision of Hope Restoration Center is a registered charity in United States, based in Mount Vernon, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liberty Vision of Hope Restoration Center reported income of $257k and spending of $229k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $18k to $257k (+1315%), an average of +142% a year. The sharpest change came in the year to December 2022, when income rose by 211%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Liberty Vision of Hope Restoration Center 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 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Cityunite ($257k), San Ramon Valley Education Foundation ($257k) and Ywam Cornerstone ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (15% of expenses). At year end it held assets of $28k against liabilities of $0, net assets of $28k.