Bertie Educational Foundation Inc

Analysis

Bertie Educational Foundation Inc is a registered charity in United States, based in Merry Hill, NC. It received its IRS tax-exemption ruling in November 1968, 58 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, Bertie Educational Foundation Inc reported income of $2.0m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.0m (+23%), an average of +5.3% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bertie Educational Foundation Inc 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 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Community School ($2.0m), Family Harvest Ministries ($2.0m) and Imagine Lone Star International Academy ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Other salaries and wages came to $776k. At year end it held assets of $1.4m against liabilities of $410k, net assets of $997k.