Berrien Community Foundation Inc

Analysis

Berrien Community Foundation Inc is a registered charity in United States, based in Saint Joseph, MI. It received its IRS tax-exemption ruling in April 1958, 68 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Berrien Community Foundation Inc reported income of $10.6m and spending of $8.2m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.6m to $10.6m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Berrien Community Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Community Foundation Serving Western Virginia ($10.6m), Legacy Ministries International ($10.6m) and Northshore Community Foundation ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $131k (1.6% of expenses). Other salaries and wages came to $390k. At year end it held assets of $91.9m against liabilities of $362k, net assets of $91.5m. It reported 9 employees.