Berlin Community Development Corporation

Analysis

Berlin Community Development Corporation is a registered charity in United States, based in Berlin, WI. It received its IRS tax-exemption ruling in March 1993, 33 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 October 2023, Berlin Community Development Corporation reported income of $168k and spending of $15k, leaving 91% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $57k to $168k (+194%), an average of +31% a year. The sharpest change came in the year to October 2023, when income rose by 1183%. Over the whole period it spent 24% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Berlin Community Development Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Vamos Concertacion Ciudadana Inc ($168k), Freedom Works Development Corporation ($168k) and Greater Logan County Area Community Improvement Corporation ($168k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $6,636. At year end it held assets of $812k against liabilities of $0, net assets of $812k.