Berkshire United Way Inc

Analysis

Berkshire United Way Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in September 1958, 68 years ago. 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 June 2023, Berkshire United Way Inc reported income of $2.2m and spending of $2.3m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.8m to $2.2m (-54%), an average of -23% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berkshire United Way Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Life Navigators Inc ($2.2m), Young Mens Christian Association of Berwyn Cicero ($2.2m) and Wakulla Senior Citizens Council Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $189k (8.1% of expenses). Other salaries and wages came to $490k. At year end it held assets of $5.4m against liabilities of $1.6m, net assets of $3.8m. It reported 14 employees.