Bergen Court Inc

Analysis

Bergen Court Inc is a registered charity in United States, based in Union City, NJ. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bergen Court Inc reported income of $116k and spending of $298k, spending 257% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $116k (-7.2%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 192% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bergen Court Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Nest Mission ($116k), Upstream Strategies Inc ($116k) and New Hope Pregnancy Clinic ($116k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.6m against liabilities of $2.1m, net assets of -$528k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.