Volunteers in Medicine Berkshires Inc

Analysis

Volunteers in Medicine Berkshires Inc is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Volunteers in Medicine Berkshires Inc reported income of $2.0m and spending of $1.6m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.0m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volunteers in Medicine Berkshires Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Childrens Hospital at Sinai Foundation Inc ($2.0m), Glenwood H&l E&h Co Inc ($2.0m) and Redlands Community Hospital Foundation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $263k (16% of expenses). Other salaries and wages came to $646k. At year end it held assets of $5.1m against liabilities of $551k, net assets of $4.6m. It reported 16 employees.