Berea Home Village Inc

Analysis

Berea Home Village Inc is a registered charity in United States, based in Berea, KY. It received its IRS tax-exemption ruling in July 2017, 9 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 2023, Berea Home Village Inc reported income of $80k and spending of $79k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $80k (-12%), an average of -12% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berea Home Village Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include Free Generation International Freedom From Enslavement and Explo ($80k), Ability First Sports ($80k) and Arthur J Glatfelter Fire & Emergency Services Scholarship FND ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $62k against liabilities of $4,296, net assets of $58k.