Berkshire Training & Employment Inc

Analysis

Berkshire Training & Employment Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover employment, 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 2023, Berkshire Training & Employment Inc reported income of $2.5m and spending of $2.2m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.5m (+72%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Berkshire Training & Employment Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Urban Core Collective ($2.5m), Denver Pipefitters Joint ($2.5m) and Sunrise Enterprises of Roseburg Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (5.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.3m against liabilities of $194k, net assets of $1.1m. It reported 24 employees.