Business-Higher Education Forum

Analysis

Business-Higher Education Forum is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2004, 22 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, Business-Higher Education Forum reported income of $2.3m and spending of $2.8m, spending 125% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.0m to $2.3m (-44%), an average of -13% a year. The sharpest change came in the year to September 2022, when income rose by 42%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Business-Higher Education Forum sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Educational Foundation of Lake County Inc ($2.3m), Montgomery Coalition for Adultenglish Literacy Inc ($2.3m) and Union Christian Academy Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $281k (9.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.5m against liabilities of $1.6m, net assets of $937k. It reported 11 employees.