Regional Business Council

Analysis

Regional Business Council is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2001, 25 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 December 2023, Regional Business Council reported income of $4.4m and spending of $4.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Regional Business Council sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Association for Vision Rehabilitation and Employment Inc ($4.4m), Highland Rim Economic Corporation ($4.4m) and Swi Industrial Solutions Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $582k (13% of expenses). Other salaries and wages came to $122k. At year end it held assets of $4.9m against liabilities of $2.7m, net assets of $2.2m. It reported 8 employees.