Business Council

Analysis

Business Council is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Council reported income of $3.3m and spending of $1.8m, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $786k to $3.3m (+324%), an average of +324% a year. The sharpest change came in the year to December 2023, when income rose by 324%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Business Council sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Shelton Landmark Foundation ($3.3m), Handson Bay Area ($3.3m) and Ohio Assoc of County Behavioral Health Authorities Foundation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $270k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 5 employees.