Berkadia Foundation Inc

Analysis

Berkadia Foundation Inc is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Berkadia Foundation Inc reported income of $76k and spending of $143k, spending 188% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $800k to $76k (-91%), an average of -90% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Berkadia Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Himalaya Foundation ($76k), Unfunded List ($76k) and Shmitah Fund Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.