Berean Childrens Home Inc

Analysis

Berean Childrens Home Inc is a registered charity in United States, based in Bogue Chitto, MS. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Berean Childrens Home Inc reported income of $610k and spending of $748k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $610k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berean Childrens Home Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MS. Charities of a similar size with the same main cause include Hub Central Access Point for Youngadults ($610k), HHS Carefund Foundation ($610k) and Fork Real Community Cafe Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $274k. At year end it held assets of $2.4m against liabilities of $29k, net assets of $2.4m. It reported 10 employees.

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.