Weinreb-Berenda-Carter Foundation Inc

Analysis

Weinreb-Berenda-Carter Foundation Inc is a registered charity in United States, based in Merrick, NY. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Weinreb-Berenda-Carter Foundation Inc reported income of $94k and spending of $127k, spending 136% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $145k to $94k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weinreb-Berenda-Carter Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Vikings Helping Vikings Inc ($94k), Hayward Foundation for Educational Enrichment Inc ($94k) and Channelview Isd Education Foundation Inc ($94k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.3% of the total. Compensation of current officers, directors and key employees was $28k (22% of expenses). At year end it held assets of $2.9m against liabilities of $65k, net assets of $2.8m.