Berks Business Education Coalition

Analysis

Berks Business Education Coalition is a registered charity in United States, based in Wyomissing, PA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Business Education Coalition reported income of $110k and spending of $124k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $110k (+7.5%), an average of +7.5% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Berks Business Education Coalition sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Main Street Duncan Inc ($110k), Downtown Oklahoma City Initiatives Inc ($110k) and Crisp County Community Council Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $175k against liabilities of $7,944, net assets of $167k.