Berkeley Lab Foundation

Analysis

Berkeley Lab Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Berkeley Lab Foundation reported income of $5.2m and spending of $6.1m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $5.2m (+133%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 370%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berkeley Lab Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Bishop Guilfoyle Catholic High School Inc ($5.2m), Letterform Archive ($5.2m) and Cabell County Public Library ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $23.0m against liabilities of $267k, net assets of $22.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.