Berry Foundation
Analysis
Berry Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Berry Foundation reported income of $77.7m and spending of $15.0m, leaving 81% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $71.0m to $77.7m (+9.4%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 112%. Over the whole period it spent 72% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Berry Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Early Learning Coalition of Brevard County Inc ($77.5m), Nebraska Wesleyan University ($77.7m) and Ransom Everglades School Inc ($77.5m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 25% of the total. Compensation of current officers, directors and key employees was $1.8m (12% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $89.0m against liabilities of $53k, net assets of $88.9m. It reported 105 employees.
Income and spending
Where the income comes from
- Program services 25%
- Other 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Early Learning Coalition of Brevard County Inc | Rockledge | $77.5m |
| Nebraska Wesleyan University | Lincoln | $77.7m |
| Ransom Everglades School Inc | Coconut Grove | $77.5m |
| Walsh University | N Canton | $77.8m |