Liberti Network of Churches

Analysis

Liberti Network of Churches is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 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, Liberti Network of Churches reported income of $331k and spending of $353k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $568k to $331k (-42%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 39%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Liberti Network of Churches sits at the 76th percentile: it is larger than about 76% 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 Darul Iman Buffalo Inc ($331k), West Fort Worth Center of Hope Inc ($331k) and Endurance with Jan & Dave Dravecky ($331k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $119k (34% of expenses). Other salaries and wages came to $60k. At year end it held assets of $132k against liabilities of $4,455, net assets of $127k. It reported 9 employees.