Business Services Collective NFP

Analysis

Business Services Collective NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Services Collective NFP reported income of $881k and spending of $701k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $253k to $881k (+248%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Business Services Collective NFP sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Ann Bancroft Foundation ($881k), Liberty Partnership Community Council ($882k) and Good Shepherd Ministries ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $268k (38% of expenses). At year end it held assets of $489k against liabilities of $62k, net assets of $427k. It reported 2 employees.