American Economic Liberties Project

Analysis

American Economic Liberties Project is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, American Economic Liberties Project reported income of $3.9m and spending of $3.3m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.2m to $3.9m (+82%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Economic Liberties Project sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include San Diego Second Chance Program ($3.9m), Organizacion En California de Lideres Campesinas Inc ($3.9m) and Grow America Fund Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $128k (3.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.4m against liabilities of $493k, net assets of $2.9m. It reported 27 employees.