Center on Business and Poverty Inc

Analysis

Center on Business and Poverty Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center on Business and Poverty Inc reported income of $254k and spending of $264k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $254k (+198%), an average of +198% a year. The sharpest change came in the year to December 2023, when income rose by 198%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center on Business and Poverty Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Nashville Coaching Coalition ($254k), Teach-The-World Foundation Inc ($254k) and Minneapolis Nature Preschool ($254k).

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 -$42k against liabilities of -$60k, net assets of $18k.