The North End Foundation of Berea

Analysis

The North End Foundation of Berea is a registered charity in United States, based in Berea, OH. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The North End Foundation of Berea reported income of $61k and spending of $69k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $61k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The North End Foundation of Berea sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Oneonta High School Alumni Association Inc ($61k), Peking University Alumni Association of Greater New York in ($61k) and Parent Booster USA Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. Other salaries and wages came to $33k. At year end it held assets of $9,469 against liabilities of $0, net assets of $9,469. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.