Berean Christian Laymens Association

Analysis

Berean Christian Laymens Association is a registered charity in United States, based in Elbing, KS. It received its IRS tax-exemption ruling in December 1948, 78 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Berean Christian Laymens Association reported income of $3.5m and spending of $2.9m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.5m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berean Christian Laymens Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Partner in Employment ($3.5m), Bairong Education Foundation Inc ($3.5m) and Memphis Education Fund Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $76k (2.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.5m against liabilities of $142k, net assets of $6.3m. It reported 68 employees.