Liberian Education Achievement & Resource Network

Analysis

Liberian Education Achievement & Resource Network is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Liberian Education Achievement & Resource Network reported income of $950k and spending of $952k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $950k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberian Education Achievement & Resource Network sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Orcas Christian School Foundation ($950k), Mendocino College Foundation Inc ($950k) and Clean Energy Transition Institute ($950k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,868 against liabilities of $0, net assets of $7,868.