1berkshire Strategic Alliance Foundation Inc

Analysis

1berkshire Strategic Alliance Foundation Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, 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, 1berkshire Strategic Alliance Foundation Inc reported income of $230k and spending of $331k, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $251k to $230k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 273%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 1berkshire Strategic Alliance Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Northwest Ohio Construction Education Center ($230k), South Carolina Dialogue Foundation ($230k) and Boost Pad Inc ($230k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 111% and program service revenue 16% of the total. At year end it held assets of $1.2m against liabilities of $287k, net assets of $924k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.