Liberated Together Inc

Analysis

Liberated Together Inc is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liberated Together Inc reported income of $154k and spending of $168k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $154k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Liberated Together Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Rephidim Project ($154k), New Mount Bethel Baptist Church ($154k) and Netcasters Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $34, net assets of $80k.