Las Vegas Liberation Foundation
Analysis
Las Vegas Liberation Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2021, 5 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, Las Vegas Liberation Foundation reported income of $67k and spending of $71k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $67k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 103% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Las Vegas Liberation Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within NV. Charities of a similar size with the same main cause include Downrange Warriors ($67k), Upward Bound Foundation Incorporated ($67k) and Good News Friends Inc ($67k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $741 against liabilities of $0, net assets of $741.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Downrange Warriors | Cody | $67k |
| Upward Bound Foundation Incorporated | Potomac | $67k |
| Good News Friends Inc | Tulsa | $67k |
| Open Arms 101 | South Holland | $67k |