Sustainable Business Education Initiative Inc

Analysis

Sustainable Business Education Initiative Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2010, 16 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 September 2023, Sustainable Business Education Initiative Inc reported income of $832k and spending of $736k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $932k to $832k (-11%), an average of -2.8% a year. The sharpest change came in the year to September 2023, when income rose by 414%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sustainable Business Education Initiative Inc 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 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Greater Shenandoah Foundation ($832k), Center for Community Health Education Research and Service Inc ($832k) and Maximo Utility Working Group Muwg ($832k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $91k (12% of expenses). Other salaries and wages came to $197k. At year end it held assets of $535k against liabilities of $118k, net assets of $417k. It reported 5 employees.