Berkeley Divinity School

Analysis

Berkeley Divinity School is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 1942, 84 years ago. 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 2023, Berkeley Divinity School reported income of $5.8m and spending of $3.3m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.8m (+86%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berkeley Divinity School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Human Resources Center of Edgar & Clark Counties ($5.8m), National Association on Drug Abuse Problems Inc ($5.8m) and Orange County Public Facilities Co ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $202k (6.0% of expenses). Other salaries and wages came to $721k. At year end it held assets of $75.1m against liabilities of $3,846, net assets of $75.1m.