Berea College Leverage Lender Inc

Analysis

Berea College Leverage Lender Inc is a registered charity in United States, based in Berea, KY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Berea College Leverage Lender Inc reported income of $58k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $58k to $58k (+0.0%), an average of +0.0% a year. Over the whole period it spent 0.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berea College Leverage Lender Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within KY. Charities of a similar size with the same main cause include Danvers Performing Arts Collaborative Inc ($58k), HCTC Corp ($58k) and Thomas Memorial Hospital Auxiliary ($58k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.9m against liabilities of $5.8m, net assets of $153k.