Berkshire Retirement Home Inc

Analysis

Berkshire Retirement Home Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in January 1939, 87 years ago. 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 May 2024, Berkshire Retirement Home Inc reported income of $7.4m and spending of $7.3m, spending 99% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $7.2m to $7.4m (+3.0%), an average of +0.6% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berkshire Retirement Home Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Oregon Fiber Partnership ($7.4m), Legal Aid Association Greene County Missouri ($7.4m) and Gesher Yehuda Inc ($7.4m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $151k (2.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $12.9m against liabilities of $11.0m, net assets of $1.9m. It reported 119 employees.