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West Michigan Sustainable Business Forum

RegisteredEIN 26-3787387Grand Rapids, MIEducation and training
Income$876k2024-05
Spending$651ksame year
Spent / received83%5-year average
Size in its cause74th pctEducation and training
Exempt since2009Publicly supported organisat
Employees6latest return

Analysis

West Michigan Sustainable Business Forum is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in December 2009, 17 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 May 2024, West Michigan Sustainable Business Forum reported income of $876k and spending of $651k, leaving 26% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $208k to $876k (+321%), an average of +43% a year. The sharpest change came in the year to May 2022, when income rose by 123%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Michigan Sustainable Business Forum sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Ctr Incorporated ($876k), Women in California Leadership Inc ($876k) and Institute of Positive Education ($876k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $313k. At year end it held assets of $494k against liabilities of $65k, net assets of $429k. It reported 6 employees.

Income and spending

$0$219k$438k$657k$876k2020 Income: $208,1952020 Spending: $207,32420202021 Income: $192,2112021 Spending: $216,54520212022 Income: $428,6132022 Spending: $302,84620222023 Income: $501,9132023 Spending: $458,08920232024 Income: $876,2422024 Spending: $651,1062024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Ctr IncorporatedWhittier$876k
Women in California Leadership IncSacramento$876k
Institute of Positive EducationChicago$876k
Living Science Home Studies IncWoodstock$876k