Beraca Foundation

Analysis

Beraca Foundation is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in August 2014, 12 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, Beraca Foundation reported income of $88k and spending of $111k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $88k (-3.0%), an average of -3.0% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beraca Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Newhall Fields Community Farm Inc ($88k), Bring Hope ($88k) and Sierra Harm Reduction Coalition ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.