Library Freedom Inc

Analysis

Library Freedom Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Library Freedom Inc reported income of $609k and spending of $336k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $609k (+430%), an average of +430% a year. The sharpest change came in the year to December 2023, when income rose by 430%. Over the whole period it spent 62% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Library Freedom Inc 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 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Florida Justice Institute Inc ($608k), Kitsap Legal Services ($610k) and First Help ($608k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $119k (35% of expenses). Other salaries and wages came to $94k. At year end it held assets of $773k against liabilities of $0, net assets of $773k. It reported 3 employees.