Hospice Care in the Berkshires Inc

Analysis

Hospice Care in the Berkshires Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Hospice Care in the Berkshires Inc reported income of $13.1m and spending of $11.8m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.3m to $13.1m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hospice Care in the Berkshires Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Lake Superior YMCA ($13.1m), Wood Lane Residential Services ($13.1m) and University Muslim Medical Association Inc ($13.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 86% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $18.1m against liabilities of $2.9m, net assets of $15.2m. It reported 91 employees.