Liberty Village Housing Corporation

Analysis

Liberty Village Housing Corporation is a registered charity in United States, based in Winnetka, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Liberty Village Housing Corporation reported income of $76k and spending of $87k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $82k to $76k (-6.8%), an average of -2.3% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Village Housing Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include PTA Texas Congress ($76k), Mathesis Publications Inc ($76k) and Boyle County Quarterback Club Inc ($76k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. At year end it held assets of $550k against liabilities of $59k, net assets of $491k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.