Berkshire Faculty Services Inc

Analysis

Berkshire Faculty Services Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Berkshire Faculty Services Inc reported income of $53.1m and spending of $81.4m, spending 153% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $45.9m to $53.1m (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 143% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Berkshire Faculty Services Inc sits at the 93rd percentile: it is larger than about 93% 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 Hamilton Center Inc ($53.1m), Aria Community Health Center ($53.2m) and The West Texas Rehabilitation Center ($53.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $52.1m (64% of expenses). At year end it held assets of $13.9m against liabilities of $13.9m, net assets of $0. It reported 425 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.