University of B C Staff Pension Plan
Analysis
University of B C Staff Pension Plan is a registered charity in United States, based in Canada. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).
In the financial year ending December 2023, University of B C Staff Pension Plan reported income of $209.6m and spending of $85.7m, leaving 59% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $163.5m to $209.6m (+28%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 29% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of B C Staff Pension Plan 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. Charities of a similar size with the same main cause include Reedley Community Hospital ($206.2m), Burrell Inc ($211.1m) and University of B C Pension Plan for Members of the Academic Staff ($205.4m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 66% of the total. Compensation of current officers, directors and key employees was $135k (0.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.31bn against liabilities of $2.8m, net assets of $2.31bn.
Income and spending
Where the income comes from
- Program services 66%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reedley Community Hospital | Roseville | $206.2m |
| Burrell Inc | Springfield | $211.1m |
| University of B C Pension Plan for Members of the Academic Staff | Canada | $205.4m |
| North Texas Food Bank | Plano | $211.2m |