Berkshire Charitable Foundation
Berkshire Charitable Foundation maintains strong assets despite recent operating deficits and zero executive compensation.
EIN: 201812559 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $589K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $9.5 |
| Net Assets | $9.1M |
| Transparency Score | 85/100 |
Is Berkshire Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Berkshire Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Berkshire Charitable Foundation
Berkshire Charitable Foundation (EIN: 201812559) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $1.6M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Berkshire Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Berkshire Charitable Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $509K |
| Total Expenses | $589K |
| Surplus / Deficit | $-80,126 |
| Total Assets | $9.1M |
| Total Liabilities | $1 |
| Net Assets | $9.1M |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 184.5 months |
Financial Health Grade: B
In 2023, Berkshire Charitable Foundation reported a deficit of $80K with expenses exceeding revenue, holds 184.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Berkshire Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | -11.7% | -0.9% |
| 2022 | -51.2% | +17.0% | -2.7% |
| 2021 | +111.5% | +1.0% | +3.1% |
| 2020 | -17.2% | +0.8% | -1.8% |
| 2019 | -48.2% | -2.3% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Berkshire Charitable Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Berkshire Charitable Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Berkshire Charitable Foundation consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing all funds towards its charitable mission rather than executive salaries, which is highly commendable for an organization of its size with assets nearing $9.5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Berkshire Charitable Foundation's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses $588,981 vs. revenue $508,855; 2022 expenses $666,700 vs. revenue $414,212), indicating reliance on asset drawdowns or investment returns to cover costs.
Strengths
The following positive indicators were identified for Berkshire Charitable Foundation:
- Substantial and stable asset base, currently $9,481,780, providing long-term financial security.
- Consistently reports 0% officer compensation, demonstrating excellent financial efficiency and commitment to mission.
- Zero reported liabilities across all filing periods, indicating strong financial health and responsible management.
- Long and consistent history of IRS 990 filings, reflecting high transparency.
Frequently Asked Questions about Berkshire Charitable Foundation
Is Berkshire Charitable Foundation a legitimate charity?
Berkshire Charitable Foundation (EIN: 201812559) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.6M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Berkshire Charitable Foundation spend its money?
Berkshire Charitable Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Berkshire Charitable Foundation tax-deductible?
Berkshire Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201812559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Berkshire Charitable Foundation CEO make?
Berkshire Charitable Foundation's highest-compensated officer earns $9.5 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Berkshire Charitable Foundation's spending goes to programs?
Berkshire Charitable Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Berkshire Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Berkshire Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Berkshire Charitable Foundation located?
Berkshire Charitable Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 201812559. It is classified under NTEE code T22.
How many years of IRS 990 filings does Berkshire Charitable Foundation have?
Berkshire Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Is Berkshire Charitable Foundation financially stable?
Yes, the foundation is financially stable, boasting substantial assets of $9,481,780 and consistently reporting zero liabilities across all filing periods. While recent years show expenses exceeding revenue (e.g., $588,981 expenses vs. $508,855 revenue in 2023), their large asset base provides a significant buffer.
How does Berkshire Charitable Foundation manage executive compensation?
The foundation reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to officers, which is a strong positive for efficiency and mission focus.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated significantly over the years, from a low of $171,788 in 2012 to a high of $935,862 in 2015. In recent years (2022-2023), expenses have exceeded revenue, with a $79,126 deficit in 2023 and a $252,488 deficit in 2022, suggesting a reliance on investment income or prior surpluses to cover operations.
Filing History
IRS 990 filing history for Berkshire Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Berkshire Charitable Foundation's revenue has grown by 19.2%, moving from $427K to $509K. Total assets decreased by 6.6% over the same period, from $9.7M to $9.1M. Total functional expenses rose by 61.8%, from $364K to $589K. In its most recent filing year (2023), Berkshire Charitable Foundation reported a deficit of $80K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $509K | $589K | $9.1M | $1 | — | — |
| 2022 | $414K | $667K | $9.1M | $1 | — | View 990 |
| 2021 | $849K | $570K | $9.4M | $1 | — | View 990 |
| 2020 | $402K | $564K | $9.1M | $1 | — | View 990 |
| 2019 | $485K | $560K | $9.3M | $0 | — | View 990 |
| 2015 | $936K | $573K | $10.0M | $0 | — | View 990 |
| 2014 | $591K | $577K | $9.6M | $0 | — | View 990 |
| 2013 | $834K | $553K | $9.6M | $0 | — | View 990 |
| 2012 | $172K | $526K | $9.3M | $0 | — | View 990 |
| 2011 | $427K | $364K | $9.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $509K, expenses of $589K, and assets of $9.1M (revenue +22.8% year-over-year).
- 2022: Revenue of $414K, expenses of $667K, and assets of $9.1M (revenue -51.2% year-over-year).
- 2021: Revenue of $849K, expenses of $570K, and assets of $9.4M (revenue +111.5% year-over-year).
- 2020: Revenue of $402K, expenses of $564K, and assets of $9.1M (revenue -17.2% year-over-year).
- 2019: Revenue of $485K, expenses of $560K, and assets of $9.3M (revenue -48.2% year-over-year).
- 2015: Revenue of $936K, expenses of $573K, and assets of $10.0M (revenue +58.5% year-over-year).
- 2014: Revenue of $591K, expenses of $577K, and assets of $9.6M (revenue -29.2% year-over-year).
- 2013: Revenue of $834K, expenses of $553K, and assets of $9.6M (revenue +385.2% year-over-year).
- 2012: Revenue of $172K, expenses of $526K, and assets of $9.3M (revenue -59.7% year-over-year).
- 2011: Revenue of $427K, expenses of $364K, and assets of $9.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Berkshire Charitable Foundation:
Data Sources and Methodology
This transparency report for Berkshire Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.