Bear Creek Foundation Inc

Analysis

Bear Creek Foundation Inc is a registered charity in United States, based in Bear CRK TWP, PA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Bear Creek Foundation Inc reported income of $1.6m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bear Creek Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($1.6m), Nurturing Minds Inc ($1.6m) and Pdyf Success Institute Charter School ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. At year end it held assets of $35.0m against liabilities of $30.1m, net assets of $4.9m.