Berkshire County Regional Employment Board

Analysis

Berkshire County Regional Employment Board is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Berkshire County Regional Employment Board reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $692k to $1.3m (+85%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Berkshire County Regional Employment Board sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Woonasquatucket Valley Community Build Inc ($1.3m), Full Circle of Lake County Inc ($1.3m) and Lake County Partnership for Economic Development Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $107k (8.5% of expenses). Other salaries and wages came to $251k. At year end it held assets of $678k against liabilities of $358k, net assets of $321k. It reported 8 employees.