Liberation Academy
Analysis
Liberation Academy is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Liberation Academy reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 4 years on record, from December 2021 to June 2024, income grew from $286k to $2.2m (+667%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 389%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Liberation Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Hbcu Week Foundation Inc ($2.2m), Sparkler Learning Inc ($2.2m) and Green Pines Academy ($2.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $759k, net assets of $362k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hbcu Week Foundation Inc | Wilmington | $2.2m |
| Sparkler Learning Inc | New York | $2.2m |
| Green Pines Academy | Mokena | $2.2m |
| Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee | Nashville | $2.2m |