Bearnstow

Analysis

Bearnstow is a registered charity in United States, based in Mount Vernon, ME. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Bearnstow reported income of $220k and spending of $112k, leaving 49% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income grew from $212k to $220k (+3.5%), an average of +1.7% a year. The sharpest change came in the year to October 2022, when income rose by 18%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bearnstow sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 49th percentile within ME. Charities of a similar size with the same main cause include Midwest Section Pga Foundation ($220k), Bison Wrestling Club ($220k) and Soccer Kids of America ($219k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 74% and program service revenue 20% of the total. Other salaries and wages came to $22k. At year end it held assets of $694k against liabilities of $346, net assets of $693k. It reported 1 employees.