The Liberation Foundation

Analysis

The Liberation Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Liberation Foundation reported income of $572k and spending of $48k, leaving 92% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $61k to $572k (+841%), an average of +207% a year. The sharpest change came in the year to December 2023, when income rose by 793%. Over the whole period it spent 12% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Liberation Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Prineville Senior Center Charitable Trust ($572k), Angel Care Child Care Inc ($572k) and Louisiana Appleseed Center for Law and Justice ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.