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Small Business Institute Directors Assoc Inc

RegisteredEIN 43-1161651Clinton, MSCommunity and economic development
Income$63k2024-04
Spending$121ksame year
Spent / received125%2-year average
Size in its cause25th pctCommunity and economic development
Exempt since1980Publicly supported organisat
Employees–latest return

Analysis

Small Business Institute Directors Assoc Inc is a registered charity in United States, based in Clinton, MS. It received its IRS tax-exemption ruling in October 1980, 46 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 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 April 2024, Small Business Institute Directors Assoc Inc reported income of $63k and spending of $121k, spending 191% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $61k to $63k (+3.5%), an average of +3.5% a year. Over the whole period it spent 125% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Small Business Institute Directors Assoc Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within MS. Charities of a similar size with the same main cause include Hodgeman County Economic Development Inc ($63k), East Main Street Special Improvement District of Columbus ($63k) and San Benito County Chamber of Commerce Foundation Inc ($63k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 40% and program service revenue 56% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.

Income and spending

$0$30k$60k$90k$121k2023 Income: $60,9252023 Spending: $33,81320232024 Income: $63,0522024 Spending: $120,6292024
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 56%
  • Other 3.9%

Similar-sized charities, same cause

CharityLocationIncome
Hodgeman County Economic Development IncJetmore$63k
East Main Street Special Improvement District of ColumbusColumbus$63k
San Benito County Chamber of Commerce Foundation IncHollister$63k
Florissant Old Town Partners IncFlorissant$63k