Faith and Liberty Discovery Center LLC

Analysis

Faith and Liberty Discovery Center LLC is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Faith and Liberty Discovery Center LLC reported income of $7.0m and spending of $12.2m, spending 174% of what it took in. The sharpest change came in the year to June 2022, when income dropped by 59%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith and Liberty Discovery Center LLC sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Support Our Aging Religious Inc Soar ($7.0m), Yaazoru Inc ($7.0m) and Faith and Learning International NFP ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $254k (2.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $77.9m against liabilities of $49.5m, net assets of $28.4m. It reported 38 employees.