Bergelectric Charitable Foundation

Analysis

Bergelectric Charitable Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in April 2013, 13 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Bergelectric Charitable Foundation reported income of $231k and spending of $313k, spending 135% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $392k to $231k (-41%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bergelectric Charitable Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Chatham Education Foundation ($231k), Beautiful Lives Project Inc ($231k) and Greater Pittston Santa Squad Inc ($231k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.