Berry Center Inc

Analysis

Berry Center Inc is a registered charity in United States, based in New Castle, KY. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Berry Center Inc reported income of $1.7m and spending of $969k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berry Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Citizen Schools Inc ($1.7m), Heartland Academy ($1.7m) and Field School of Charlottesville ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $49k (5.1% of expenses). Other salaries and wages came to $355k. At year end it held assets of $4.5m against liabilities of $15k, net assets of $4.5m. It reported 12 employees.