Berks Encore Inc

Analysis

Berks Encore Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in November 1970, 56 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, Berks Encore Inc reported income of $2.1m and spending of $2.5m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.1m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berks Encore Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Southern Nevada Senior Law Program ($2.1m), Daily Bread Community Food Pantry Inc ($2.1m) and Community Impact ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $122k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.9m against liabilities of $377k, net assets of $4.5m. It reported 47 employees.