Berea City Club

Analysis

Berea City Club is a registered charity in United States, based in Berea, OH. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berea City Club reported income of $295k and spending of $54k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $295k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 1022%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berea City Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Mosaic Film Experience ($295k), Northern West Virginia Dance Council Inc ($295k) and Uptown Dance Company ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.