Trustees of the Berkshire Athenaeum

Analysis

Trustees of the Berkshire Athenaeum is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in December 1944, 82 years ago. 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 2023, Trustees of the Berkshire Athenaeum reported income of $1.2m and spending of $395k, leaving 68% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $941k to $1.2m (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 234%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trustees of the Berkshire Athenaeum 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 80th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International ($1.2m), Fox Valley United Way ($1.2m) and Alim Academy Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 5.2% of the total. At year end it held assets of $6.7m against liabilities of $291, net assets of $6.7m.