Berkshire Community College Foundation Inc

Analysis

Berkshire Community College Foundation Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in June 1981, 45 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 June 2023, Berkshire Community College Foundation Inc reported income of $2.1m and spending of $1.2m, leaving 44% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.1m (+53%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Berkshire Community College Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Celebrity Adventures Inc ($2.1m), Community Foundation of Jackson County Inc ($2.1m) and Tompkins Charitable Gift Fund Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $14.9m against liabilities of $39k, net assets of $14.9m.