Libbys Friends

Analysis

Libbys Friends is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Libbys Friends reported income of $426k and spending of $353k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $331k to $426k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Libbys Friends sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Palmetto Free Clinic ($426k), Friends of Asha USA Inc ($426k) and Pregnancy Resource Center Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $20k (5.7% of expenses). At year end it held assets of $265k against liabilities of $0, net assets of $265k.