Berkshires Bounty Inc

Analysis

Berkshires Bounty Inc is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in June 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berkshires Bounty Inc reported income of $502k and spending of $535k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $224k to $502k (+124%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berkshires Bounty Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include National Institute for Animal Agriculture Inc ($502k), Good Neighbor Cupboard ($502k) and North Texas Community Table Inc ($502k).

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 $63k (12% of expenses). Other salaries and wages came to $36k. At year end it held assets of $262k against liabilities of $67k, net assets of $195k. It reported 3 employees.