Sierra Business Council

Analysis

Sierra Business Council is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in February 1997, 29 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, Sierra Business Council reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.8m (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sierra Business Council sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Naytahwaush Community School ($3.8m), Listen and Talk ($3.8m) and Jack and Jill Educational Consulting a NJ Nonprofit Corporat ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $455k (14% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.3m against liabilities of $1.7m, net assets of $2.6m. It reported 24 employees.