Education for Liberation Network

Analysis

Education for Liberation Network is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Education for Liberation Network reported income of $359k and spending of $307k, spending 86% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $225k to $359k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Education for Liberation Network sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Friendship Adventures ($359k), LA Cosecha Inc ($359k) and Phenomenal She ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $91k (30% of expenses). Other salaries and wages came to $32k. At year end it held assets of $971k against liabilities of $5,000, net assets of $966k. It reported 3 employees.