Berean Community Development Corporation

Analysis

Berean Community Development Corporation is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in May 2002, 24 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 2022, Berean Community Development Corporation reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.9m to $1.3m (-55%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berean Community Development Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Health Alliance for the Uninsured Inc ($1.3m), Caring House Inc ($1.3m) and Pukuu Cultural Community Services ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $717k. At year end it held assets of $445k against liabilities of $285k, net assets of $159k. It reported 28 employees.