Project Liberty Institute

Analysis

Project Liberty Institute is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Project Liberty Institute reported income of $15.0m and spending of $9.4m, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $5.0m to $15.0m (+201%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 157% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Project Liberty Institute sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Commonwealth Fund for Ket Inc ($15.0m), Old Sturbridge Inc ($15.1m) and Equis Institute ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $6.2m against liabilities of $45.5m, net assets of -$39.2m. It reported 12 employees.