Liberty House Inc
Liberty House Inc. reports $0 in assets in 2019 after significant fluctuations in revenue and expenses.
EIN: 20469770 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $352K |
| Total Expenses | $377K |
| Program Spending | 75% |
| Transparency Score | 65/100 |
Is Liberty House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liberty House Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liberty House Inc
Liberty House Inc (EIN: 20469770) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $352K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liberty House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liberty House Inc is a small nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $377K |
| Surplus / Deficit | $-24,530 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -7.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2019, Liberty House Inc reported a deficit of $25K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2019), Liberty House Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -43.1% | -22.2% | -100.0% |
| 2018 | +13.4% | -12.6% | +31.6% |
| 2017 | -20.4% | +44.2% | +3.2% |
| 2016 | +162.7% | +31.3% | +158.3% |
| 2015 | -5.5% | +15.1% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Liberty House Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Liberty House Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers received compensation, which is a positive sign for minimizing overhead costs relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Liberty House Inc's IRS 990 filings:
- Reported $0 in assets in 2019 after reporting $657,883 in 2018, indicating a significant and unexplained financial shift.
- Expenses ($376,816) exceeded revenue ($352,286) in the latest filing period (2019), resulting in a deficit.
- Significant year-over-year fluctuations in revenue and assets suggest potential instability or inconsistent financial management.
Strengths
The following positive indicators were identified for Liberty House Inc:
- Consistently reports 0% officer compensation across all available filings, indicating efficient use of funds at the executive level.
- Has demonstrated periods of strong revenue generation, such as $619,076 in 2018 and $686,170 in 2016.
Frequently Asked Questions about Liberty House Inc
Is Liberty House Inc a legitimate charity?
Liberty House Inc (EIN: 20469770) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $352K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Liberty House Inc spend its money?
Liberty House Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Liberty House Inc tax-deductible?
Liberty House Inc is registered as a tax-exempt nonprofit (EIN: 20469770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Liberty House Inc's spending goes to programs?
Liberty House Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Liberty House Inc located?
Liberty House Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20469770.
How many years of IRS 990 filings does Liberty House Inc have?
Liberty House Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $352K in total revenue.
Why did Liberty House Inc.'s assets drop from $657,883 in 2018 to $0 in 2019?
The provided data shows a drastic reduction in reported assets, from $657,883 in 2018 to $0 in 2019. This significant change requires further investigation into the organization's financial statements to understand if assets were liquidated, transferred, or if there was a reporting error.
Is Liberty House Inc. financially stable given its recent deficit and asset changes?
The 2019 filing shows expenses ($376,816) exceeding revenue ($352,286) and zero reported assets, which raises concerns about short-term financial stability. While previous years showed surpluses and substantial assets, the latest data suggests potential challenges.
What is the primary source of Liberty House Inc.'s revenue?
The provided IRS 990 summary data does not specify the primary sources of revenue (e.g., donations, grants, program service revenue). A detailed 990 form would be needed to determine this.
Filing History
IRS 990 filing history for Liberty House Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Liberty House Inc's revenue has grown by 86.4%, moving from $189K to $352K. Total assets decreased by 100% over the same period, from $182K to $0. Total functional expenses rose by 105.9%, from $183K to $377K. In its most recent filing year (2019), Liberty House Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $352K | $377K | $0 | $0 | — | View 990 |
| 2018 | $619K | $484K | $658K | $24K | — | View 990 |
| 2017 | $546K | $554K | $500K | $1K | — | — |
| 2016 | $686K | $384K | $485K | $5K | — | View 990 |
| 2015 | $261K | $292K | $188K | $11K | — | View 990 |
| 2014 | $276K | $254K | $225K | $13K | — | View 990 |
| 2013 | $210K | $244K | $204K | $13K | — | View 990 |
| 2012 | $215K | $172K | $220K | $2K | — | View 990 |
| 2011 | $189K | $183K | $182K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $352K, expenses of $377K, and assets of $0 (revenue -43.1% year-over-year).
- 2018: Revenue of $619K, expenses of $484K, and assets of $658K (revenue +13.4% year-over-year).
- 2017: Revenue of $546K, expenses of $554K, and assets of $500K (revenue -20.4% year-over-year).
- 2016: Revenue of $686K, expenses of $384K, and assets of $485K (revenue +162.7% year-over-year).
- 2015: Revenue of $261K, expenses of $292K, and assets of $188K (revenue -5.5% year-over-year).
- 2014: Revenue of $276K, expenses of $254K, and assets of $225K (revenue +31.6% year-over-year).
- 2013: Revenue of $210K, expenses of $244K, and assets of $204K (revenue -2.5% year-over-year).
- 2012: Revenue of $215K, expenses of $172K, and assets of $220K (revenue +14.0% year-over-year).
- 2011: Revenue of $189K, expenses of $183K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liberty House Inc:
Data Sources and Methodology
This transparency report for Liberty House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.