Berkshire Retirement Community Inc

Analysis

Berkshire Retirement Community Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 1985, 41 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 December 2023, Berkshire Retirement Community Inc reported income of $16.4m and spending of $16.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.5m to $16.4m (+5.7%), an average of +1.4% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berkshire Retirement Community 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 Guadalupe Center Inc ($16.4m), Third and Oak Corporation ($16.4m) and Otterbein St Marys ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $6.6m. At year end it held assets of $60.5m against liabilities of $59.1m, net assets of $1.4m. It reported 192 employees.