Forum of Christian Business Leaders Inc

Analysis

Forum of Christian Business Leaders Inc is a registered charity in United States, based in Corona DL Mar, CA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forum of Christian Business Leaders Inc reported income of $133k and spending of $144k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $133k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forum of Christian Business Leaders Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Middletown High School South Touchdown Club ($133k), Field Elementary PTO ($133k) and Mission College of Evangelism Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.