Friends of Berston

Analysis

Friends of Berston is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Berston reported income of $1.9m and spending of $986k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $637k to $1.9m (+195%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 1138%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Berston sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Care Net Pregnancy Center of Dane County Inc ($1.9m), Cornerstone Foundation Inc ($1.9m) and Council on Aging & Human Services ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $85k (8.6% of expenses). Other salaries and wages came to $200k. At year end it held assets of $12.3m against liabilities of $0, net assets of $12.3m. It reported 11 employees.