Berkeley Chess School

Analysis

Berkeley Chess School is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Berkeley Chess School reported income of $1.0m and spending of $991k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.0m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Berkeley Chess School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include East Side Youth Sports Foundation ($1.0m), Universal Sports and Academics Inc ($1.0m) and Pelham Recreation Ice Hockey Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $202k (20% of expenses). Other salaries and wages came to $372k. At year end it held assets of $2.8m against liabilities of $1.3m, net assets of $1.5m. It reported 53 employees.