Berkshire School Inc

Analysis

Berkshire School Inc is a registered charity in United States, based in Sheffield, MA. It received its IRS tax-exemption ruling in May 1926, 100 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Berkshire School Inc reported income of $48.3m and spending of $45.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.5m to $48.3m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berkshire School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Kent School Corporation ($48.3m), Rocky Mountain College ($48.3m) and Mid-America Nazarene University ($48.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $988k (2.2% of expenses). Other salaries and wages came to $14.1m. At year end it held assets of $362.8m against liabilities of $72.0m, net assets of $290.8m. It reported 285 employees.