Berkshire Agriculture Ventures

Analysis

Berkshire Agriculture Ventures is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Agriculture Ventures reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $1.5m (+184%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 413%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berkshire Agriculture Ventures sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Catherine Morrill Day Nursery ($1.5m), Noble Learning Center ($1.5m) and Brashear Association Incorporated ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $62k (4.6% of expenses). Other salaries and wages came to $409k. At year end it held assets of $2.1m against liabilities of $383k, net assets of $1.7m. It reported 8 employees.