O Berry Center Foundation Inc

Analysis

O Berry Center Foundation Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in June 1991, 35 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 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, O Berry Center Foundation Inc reported income of $125k and spending of $122k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $125k (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, O Berry Center Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Beehive Angels Foundation Inc ($125k), Lions Club of Antioch Foundation NFP ($125k) and Women of Wine Charities Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $51k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.