Bernstein Development Inc

Analysis

Bernstein Development Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bernstein Development Inc reported income of $71k and spending of $79k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $71k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bernstein Development Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include The Center ($71k), One Hundred Black Men of Greater Knoxville Inc ($71k) and Fun and Freedom Basketball Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,034 against liabilities of $0, net assets of $8,034.