International Business Innovation Association Inc

Analysis

International Business Innovation Association Inc is a registered charity in United States, based in Powell, OH. It received its IRS tax-exemption ruling in April 1996, 30 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 September 2023, International Business Innovation Association Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.5m to $1.1m (-25%), an average of -6.8% a year. The sharpest change came in the year to September 2022, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Business Innovation Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Einsteins Playground ($1.1m), Engage Learning Oklahoma Incorporated ($1.1m) and Double Bowler Properties Corp ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $131k (12% of expenses). Other salaries and wages came to $201k. At year end it held assets of $1.2m against liabilities of $879k, net assets of $275k. It reported 8 employees.