Liberty Ukraine Foundation

Analysis

Liberty Ukraine Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Liberty Ukraine Foundation reported income of $6.8m and spending of $6.3m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.7m to $6.8m (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Liberty Ukraine Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include United Way of East Central Iowa ($6.8m), Sovereign Military Hospitaller Order of St John of Jerusalem of ($6.8m) and Maricopa County Community College District Foundation ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.4m against liabilities of -$10k, net assets of $1.4m.