University of California Berkeley Foundation

Analysis

University of California Berkeley Foundation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in July 1950, 76 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of California Berkeley Foundation reported income of $551.2m and spending of $571.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $327.0m to $551.2m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of California Berkeley Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Harmony Public Schools ($548.9m), American University of Beirut ($573.5m) and Duquesne University of the Holy Spirit ($543.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $3.54bn against liabilities of $141.2m, net assets of $3.40bn.