Liberian Youth Orchestra

Analysis

Liberian Youth Orchestra is a registered charity in United States, based in Westland, MI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Liberian Youth Orchestra reported income of $84k and spending of $78k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $84k (+15%), an average of +15% a year. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Liberian Youth Orchestra sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Dance to Your Hearts Delight ($84k), Bushy Run Battlefield Heritage Society ($84k) and Ovation Musical Theatre Bainbridge ($84k).

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 $85k against liabilities of $0, net assets of $85k.