Berkeley Public Library Foundation

Analysis

Berkeley Public Library Foundation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Public Library Foundation reported income of $547k and spending of $475k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $413k to $547k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Berkeley Public Library Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Impact Austin Foundation ($546k), Eastern Upper Peninsula Community Community Foundation Alliance Inc ($547k) and Massachusetts LGBT Business Network Inc ($546k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $121k (25% of expenses). Other salaries and wages came to $40k. At year end it held assets of $1.6m against liabilities of $221k, net assets of $1.4m. It reported 2 employees.