Berkeley Alembic Foundation

Analysis

Berkeley Alembic Foundation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Berkeley Alembic Foundation reported income of $440k and spending of $510k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $611k to $440k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berkeley Alembic Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Colombos Charitable Foundation ($440k), Usul Academy ($440k) and American University of Iraq Foundation Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $105k. At year end it held assets of $247k against liabilities of $0, net assets of $247k.