Berkshire Institute for Christian Studies Inc

Analysis

Berkshire Institute for Christian Studies Inc is a registered charity in United States, based in Lenox, MA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 2024, Berkshire Institute for Christian Studies Inc reported income of $486k and spending of $467k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $578k to $486k (-16%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berkshire Institute for Christian Studies Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Dakota College at Bottineau Foundation ($486k), Noe International ($486k) and 23rd Veteran ($486k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $129k (28% of expenses). Other salaries and wages came to $95k. At year end it held assets of $345k against liabilities of $113k, net assets of $232k. It reported 9 employees.