Bay Area Educational Institute

Analysis

Bay Area Educational Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in December 2006, 20 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 2023, Bay Area Educational Institute reported income of $3.5m and spending of $3.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.5m (+14%), an average of +3.4% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bay Area Educational Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Boise Public Schools Education Foundation Inc ($3.5m), Alternative Education Foundation Inc ($3.5m) and Make Way for Books ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $165k (4.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.3m against liabilities of $4.5m, net assets of $2.8m. It reported 36 employees.