Berry Park Housing Corporation

Analysis

Berry Park Housing Corporation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Berry Park Housing Corporation reported income of $972k and spending of $836k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $679k to $972k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Berry Park Housing Corporation 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 79th percentile, and in the 76th percentile within ME. Charities of a similar size with the same main cause include Beacon Project ($972k), Broadway Recovery Services ($972k) and Hall-Dawson Casa Program Inc ($971k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 33% of the total. At year end it held assets of $4.4m against liabilities of $3.9m, net assets of $539k.