Berkeley Seniors Inc

Analysis

Berkeley Seniors Inc is a registered charity in United States, based in Moncks Corner, SC. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Berkeley Seniors Inc reported income of $878k and spending of $948k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $955k to $878k (-8.1%), an average of -1.7% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Berkeley Seniors Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Operation Provider ($878k), Bridge of Love and Peace Inc ($878k) and Student Homelessness Initiative Partnership of Frederick County in ($877k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Other salaries and wages came to $290k. At year end it held assets of $605k against liabilities of $238k, net assets of $366k. It reported 17 employees.

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.