Berkshire Acres Community Association

Analysis

Berkshire Acres Community Association is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Berkshire Acres Community Association reported income of $151k and spending of $98k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $151k (+0.6%), an average of +0.6% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Berkshire Acres Community Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Spice-Southern Perry Incubation ($151k), Junior League of Milwaukee ($151k) and Southern Hills Business Association ($151k).

At year end it held assets of $82k against liabilities of $0, net assets of $82k.