Students for Liberty Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO EDUCATE, DEVELOP, AND EMPOWER THE NEXT GENERATION OF LEADERS OF LIBERTY.
- Income
- $5.8 million
- Spending
- $6.3 million
- Spent on programs
- 80%
- Reserves
- 2.2 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 20
- Volunteers
- 2,579
- Highest pay
- $252,848, ceo
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 46% of charities in its peer group (education, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.2 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
4 of 15Spending exceeded income by 9% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 13 cents.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $1.6 million spent. SFL'S EMPHASIS ON LEADERSHIP DEVELOPMENT HAS BEEN THE KEY TO THE ORGANIZATION'S SUCCESS OVER THE YEARS. SFL TEACHES YOUNG PEOPLE ENTREPRENEURSHIP, EVENT PLANNING, VOLUNTEER MANAGEMENT, EFFECTIVE WRITING, PUBLIC SPEAKING AND OTHER SKILLS THAT THEY CAN USE THROUGHOUT THEIR LIVES AND GIVES THEM EXPERIENCE APPLYING THESE SKILLS IN BUILDING THE STUDENT MOVEMENT FOR LIBERTY. SFL CONDUCTED TRAININGS FOR 14,767 STUDENT VOLUNTEERS THAT ENGAGE WITH THOUSANDS OF STUDENT GROUPS ACROSS THE WORLD DURING FY25.
- $1.9 million spent. SFL CONFERENCES SERVE MANY PURPOSES INCLUDING GIVING STUDENTS EXPERIENCE IN ORGANIZING AND NETWORKING. THE MAIN FOCUS OF EVERY CONFERENCE SCHEDULE IS ON EDUCATION. EVERY CONFERENCE COVERS BOTH INTRODUCTORY AND ADVANCED MATERIAL FOR STUDENTS TO LEARN ABOUT PRO-LIBERTY IDEAS AT EVERY LEVEL. SFL RAN 4,606 CONFERENCES/EVENTS/TRAININGS REACHING 226,569 INDIVIDUALS IN FY25.
- $328,060 spent. SFL PROVIDES IN PERSON AND ONLINE EDUCATIONAL TRAININGS TO ITS LEADERS AND A WIDER AUDIENCE OF INTERESTED STUDENTS. SFL ALSO RUNS THE LEARN LIBERTY YOUTUBE CHANNEL WITH OVER 57.1M VIEWS AND OVER 298,000 SUBSCRIBERS. LEARN LIBERTY IS OUR RESOURCE FOR EXPLORING THE IDEAS OF A FREE SOCIETY. WE TACKLE BIG QUESTIONS ABOUT WHAT MAKES SOCIETY FREE OR PROSPEROUS AND HOW WE CAN IMPROVE THE WORLD WE LIVE IN.
- $1.2 million spent. INCLUDES MARKETING, COMMUNICATIONS, TECH/WEB AND DESIGN EXPENSES FOR HANDOUTS, WEBSITES AND MARKETING SFL'S MISSION AND SUCCESSES.
- INCLUDES MARKETING, COMMUNICATIONS, TECH/WEB AND DESIGN EXPENSES FOR HANDOUTS, WEBSITES AND MARKETING SFL'S MISSION AND SUCCESSES.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending April 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.