Congregation Liberty Village

Analysis

Congregation Liberty Village is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Congregation Liberty Village reported income of $112k and spending of $246k, spending 219% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $366k to $112k (-69%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation Liberty Village sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Ri-Me Society ($112k), Utah Cambodian Community Buddhist Temple Inc ($112k) and Donaldson Christian Counseling Inc ($112k).

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 $534k against liabilities of $0, net assets of $534k.