Berks County Nonprofit Development Corporation

Analysis

Berks County Nonprofit Development Corporation is a registered charity in United States, based in Mohnton, PA. It received its IRS tax-exemption ruling in August 2014, 12 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berks County Nonprofit Development Corporation reported income of $7.8m and spending of $1.7m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $7.8m (+673%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 36% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Berks County Nonprofit Development Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Oma Educational and Industrial Development Institute ($7.8m), Lancaster County Workforce Investment Board ($7.8m) and Repair the World Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32.3m against liabilities of $22.4m, net assets of $10.0m.