Libota Project Inc

Analysis

Libota Project Inc is a registered charity in United States, based in Bowling Green, MO. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Libota Project Inc reported income of $53k and spending of $57k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $62k to $53k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Libota Project Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Hersmile ($53k), Horseplay Therapeutic Riding Center ($53k) and Pelican Rapids Living at Home Block Nurse Program ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,585 against liabilities of $0, net assets of $9,585.