The Institute of Business & Finance

Analysis

The Institute of Business & Finance is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2005, 21 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 2022, The Institute of Business & Finance reported income of $605k and spending of $653k, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $478k to $605k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2019, when income rose by 85%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Institute of Business & Finance sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Okeechobee Educational Foundation ($605k), Sacred Art of Living Education and Retreat Center Inc ($606k) and Punxsutawney Christian School ($605k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $211k. At year end it held assets of $493k against liabilities of $0, net assets of $493k. It reported 3 employees.