Broad and Liberty Inc

Analysis

Broad and Liberty Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Broad and Liberty Inc reported income of $315k and spending of $247k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2020 to June 2023, income grew from $167k to $315k (+89%), an average of +89% a year. The sharpest change came in the year to June 2023, when income rose by 89%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Broad and Liberty Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Babylon Breast Cancer Coalition Inc ($315k), Young Actors Guild Inc ($315k) and Hands to the Future Inc ($315k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $137k. At year end it held assets of $124k against liabilities of $97k, net assets of $27k. It reported 6 employees.