Business Volunteers Unlimited

Analysis

Business Volunteers Unlimited is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Business Volunteers Unlimited reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.2m (+2.4%), an average of +0.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Business Volunteers Unlimited sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Philosophers Information Center ($2.2m), Beth Israel Foundation for the Aged ($2.2m) and Williamsburg Soccer Club ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $239k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 22 employees.