Better Business Bureau Institute for Marketplace Ethics

Analysis

Better Business Bureau Institute for Marketplace Ethics is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Better Business Bureau Institute for Marketplace Ethics reported income of $176k and spending of $110k, leaving 37% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $172k to $176k (+2.5%), an average of +1.3% a year. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Better Business Bureau Institute for Marketplace Ethics sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Penn High Building Trades Corp ($176k), Roanoke River Partners Inc ($176k) and Grundy Livingston Kankakee Workforce Investment Board Inc ($176k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 9.3% of the total. At year end it held assets of $470k against liabilities of $30, net assets of $470k.