East Bay Sanctuary Covenant

Analysis

East Bay Sanctuary Covenant is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, East Bay Sanctuary Covenant reported income of $4.3m and spending of $3.5m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.3m (+137%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Bay Sanctuary Covenant sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Park Heights Renaissance ($4.3m), Revolution Workshop ($4.3m) and Non Traditional Employment for Women ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $4.4m against liabilities of $168k, net assets of $4.3m. It reported 37 employees.