Sacramento Business Services Center

Analysis

Sacramento Business Services Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sacramento Business Services Center reported income of $588k and spending of $637k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $289k to $588k (+103%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 144%. 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, Sacramento Business Services Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include General Thoracic Surgical Club ($588k), Alliance Lending Corporation ($588k) and Main Street Corridor Development Corporation ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $707k against liabilities of $565k, net assets of $142k.