Bricker-Price Block Restoration Corporation

Analysis

Bricker-Price Block Restoration Corporation is a registered charity in United States, based in Earlham, IA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Bricker-Price Block Restoration Corporation reported income of $1.5m and spending of $220k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $1.5m (+244%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 899%. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bricker-Price Block Restoration Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Plumbers & Pipefitters 344 Joint Apprentice & Training Committee ($1.5m), Rockwest Training Company ($1.5m) and Western Catskills Community Revitalization Council Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $61k (28% of expenses). At year end it held assets of $1.7m against liabilities of $212k, net assets of $1.5m. It reported 1 employees.