International Business As Mission Inc

Analysis

International Business As Mission Inc is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in March 2015, 11 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, International Business As Mission Inc reported income of $288k and spending of $251k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $302k to $288k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Business As Mission Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Allendale County Alive ($287k), Entrepreneurship Foundation ($288k) and Ken-Rock Community Center Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (7.9% of expenses). Other salaries and wages came to $61k. At year end it held assets of $223k against liabilities of $0, net assets of $223k. It reported 3 employees.