Liberty Classical Schools Educational Services Inc

Analysis

Liberty Classical Schools Educational Services Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Liberty Classical Schools Educational Services Inc reported income of $2.5m and spending of $2.1m, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $1.7m to $2.5m (+48%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Classical Schools Educational Services Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Accelerated Christian Education Ministries Inc ($2.5m), Friends of Canaan Inc ($2.5m) and Unite and Renew Educational Foundation Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $553k (26% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.2m against liabilities of $402k, net assets of $777k. It reported 17 employees.