Berkeley Castle Foundation Inc

Analysis

Berkeley Castle Foundation Inc is a registered charity in United States, based in Berkeley SPGS, WV. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berkeley Castle Foundation Inc reported income of $144k and spending of $132k, spending 92% of its income. The sharpest change came in the year to December 2023, when income rose by 338%. Over the whole period it spent 164% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berkeley Castle Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within WV. Charities of a similar size with the same main cause include Sbdny Inc ($144k), Sitka Music Festival Foundation ($144k) and Mississippi Cultural Crossroads Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.3m against liabilities of $1.5m, net assets of -$160k.