Berkeley Student Cooperative Inc

Analysis

Berkeley Student Cooperative Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 1960, 66 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Berkeley Student Cooperative Inc reported income of $10.5m and spending of $9.2m, spending 87% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $12.6m to $10.5m (-17%), an average of -4.4% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Berkeley Student Cooperative Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Georgia Southern University Housing Foundation Inc ($10.5m), Habitat for Humanity International Inc ($10.5m) and Beyond Owners Group Inc ($10.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $608k (6.6% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $62.0m against liabilities of $20.2m, net assets of $41.9m. It reported 59 employees.