West Michigan Sustainable Business Forum
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
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ctr Incorporated | Whittier | $876k |
| Women in California Leadership Inc | Sacramento | $876k |
| Institute of Positive Education | Chicago | $876k |
| Living Science Home Studies Inc | Woodstock | $876k |