Berkshire Community Apartments Inc

Analysis

Berkshire Community Apartments Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community Apartments Inc reported income of $173k and spending of $182k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $131k to $173k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Berkshire Community Apartments Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Albert Lea Senior Housing Inc ($173k), Rivertree Apartments Inc ($173k) and Southeastern Ohio H E a R T Inc ($173k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.7m against liabilities of $2.3m, net assets of -$600k.