Branches School of the Berkshires Inc
Analysis
Branches School of the Berkshires Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Branches School of the Berkshires Inc reported income of $1.8m and spending of $1.4m, spending 81% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $123k to $1.8m (+1337%), an average of +279% a year. The sharpest change came in the year to June 2023, when income rose by 793%. Over the whole period it spent 82% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Branches School of the Berkshires Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Institute for Leadership Education Advancement & Development Inc ($1.8m), Woodland Montessori School Inc ($1.8m) and Orchard Valley Waldorf School ($1.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $169k (12% of expenses). Other salaries and wages came to $848k. At year end it held assets of $1.1m against liabilities of $566k, net assets of $526k. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Institute for Leadership Education Advancement & Development Inc | Chester HTS | $1.8m |
| Woodland Montessori School Inc | Madison | $1.8m |
| Orchard Valley Waldorf School | E Montpelier | $1.8m |
| Longmont Christian School Inc | Longmont | $1.8m |