Biz Owners Ed Inc

Analysis

Biz Owners Ed Inc is a registered charity in United States, based in Bartonville, TX. It received its IRS tax-exemption ruling in May 2012, 14 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, Biz Owners Ed Inc reported income of $106k and spending of $156k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $106k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 285%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Biz Owners Ed Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Graham Revitalization Economic Action Team - Great ($106k), Alabama Law Enforcement Appreciation Foundation ($106k) and Association of Student Assistance Professionals of New Jersey Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.