Berkshire Family Young Mens Christian Association Inc

Analysis

Berkshire Family Young Mens Christian Association Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in November 1944, 82 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 December 2023, Berkshire Family Young Mens Christian Association Inc reported income of $8.2m and spending of $6.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $8.2m (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berkshire Family Young Mens Christian Association 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 Lifespan Resources Inc ($8.2m), Politz Hebrew Academy of Northeast Philadelphia ($8.2m) and Ascension Living-Lakeshore at Siena Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $229k (3.7% of expenses). Other salaries and wages came to $2.9m. It paid $39k in professional fundraising fees. At year end it held assets of $13.5m against liabilities of $3.3m, net assets of $10.2m. It reported 287 employees.