Berkshire Dream Center Inc
Analysis
Berkshire Dream Center Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Berkshire Dream Center Inc reported income of $240k and spending of $237k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $924k to $240k (-74%), an average of -49% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 37% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berkshire Dream Center Inc sits at the 52nd percentile: it is larger than about 52% 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 Leitersburg Ruritan Community Center Inc ($240k), Greater Brandon Community Foundation Inc ($240k) and Hands Giving Hope ($240k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (11% of expenses). Other salaries and wages came to $8,700. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Leitersburg Ruritan Community Center Inc | Hagerstown | $240k |
| Greater Brandon Community Foundation Inc | Brandon | $240k |
| Hands Giving Hope | Phoenix | $240k |
| Michigan American Legion Foundation | Lansing | $240k |