Reading Berks Conference of Churches

Analysis

Reading Berks Conference of Churches is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in October 1948, 78 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reading Berks Conference of Churches reported income of $333k and spending of $342k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $370k to $333k (-10%), an average of -2.6% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reading Berks Conference of Churches sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Coalition to Protect Americas National Parks ($333k), Farmington Volunteer Fire Department Inc ($333k) and Honor Flight Northern Arizona ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $70k (20% of expenses). Other salaries and wages came to $202k. At year end it held assets of $22k against liabilities of $28k, net assets of -$6,044. It reported 9 employees.