Berkshire Family and Individual Resources Inc

Analysis

Berkshire Family and Individual Resources Inc is a registered charity in United States, based in North Adams, MA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Berkshire Family and Individual Resources Inc reported income of $17.7m and spending of $17.5m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $14.8m to $17.7m (+19%), an average of +4.6% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berkshire Family and Individual Resources Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Progressive Housing Inc ($17.7m), The Arc Caddo-Bossier ($17.7m) and Hinds County Human Resource Agency ($17.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $438k (2.5% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $21.3m against liabilities of $7.6m, net assets of $13.7m. It reported 313 employees.