Law Foundation of Berks County

Analysis

Law Foundation of Berks County is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, 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, Law Foundation of Berks County reported income of $208k and spending of $158k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $208k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 257%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Law Foundation of Berks County sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Midwest Education and Community Outreach ($208k), Discover Downtown Franklin Inc ($208k) and York County Community Health Coalition ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $946k against liabilities of $0, net assets of $946k.