Friends of the Berkley Council on Aging Inc

Analysis

Friends of the Berkley Council on Aging Inc is a registered charity in United States, based in Berkley, MA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of the Berkley Council on Aging Inc reported income of $87k and spending of $82k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $66k to $87k (+30%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Berkley Council on Aging Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include The Community Pantry Inc ($87k), Parent to Parent Network ($87k) and Oakdale Hostels Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.