Business for Social Responsibility

Analysis

Business for Social Responsibility is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Business for Social Responsibility reported income of $41.6m and spending of $39.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.9m to $41.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Business for Social Responsibility sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Bryn Mawr School for Girls of Baltimore City ($41.6m), Equitas Academy Charter School Inc ($41.7m) and Greenville College ($41.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.6m (4.1% of expenses). Other salaries and wages came to $20.8m. At year end it held assets of $34.8m against liabilities of $16.9m, net assets of $17.8m. It reported 176 employees.