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University of B C Staff Pension Plan

RegisteredEIN 98-0058511CanadaOther charitable purposes
Income$209.6m2023-12
Spending$85.7msame year
Spent / received29%6-year average
Size in its cause100th pctOther charitable purposes
Exempt since–Publicly supported organisat
Employees0latest return

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

$0$101.7m$203.4m$305.1m$406.9m2018 Income: $163,515,9722018 Spending: $53,585,66220182019 Income: $202,450,1432019 Spending: $58,380,18420192020 Income: $209,099,7032020 Spending: $62,784,47020202021 Income: $406,852,8842021 Spending: $69,832,91720212022 Income: $220,351,8112022 Spending: $79,550,23520222023 Income: $209,560,4782023 Spending: $85,704,8402023
IncomeSpending

Where the income comes from

  • Program services 66%
  • Other 34%

Similar-sized charities, same cause

CharityLocationIncome
Reedley Community HospitalRoseville$206.2m
Burrell IncSpringfield$211.1m
University of B C Pension Plan for Members of the Academic StaffCanada$205.4m
North Texas Food BankPlano$211.2m