Libertas Classical Community Inc

Analysis

Libertas Classical Community Inc is a registered charity in United States, based in Hartselle, AL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Libertas Classical Community Inc reported income of $121k and spending of $125k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $99k to $121k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Libertas Classical Community Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Vilanova Financial Club Inc ($121k), Applied Technology Foundation ($121k) and Intermountain West Allergy Association ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.9% and program service revenue 83% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.