Bbb gets the majority of its income from account fees paid by a large number of organizations
Exactly exactly exactly How a Better Business Bureau rakes in millions.Published on 06 August 2020 by jamie .The greater company Bureau could be a nonprofit, but behind the scenes it is a device this is certainly income generating squeezing a lot of money far from organizations in return for its coveted stamp of approval.
That approval, called “accreditation, ” doesn’t come inexpensive. In 2013 alone, the organization raked in nearly $200 million in earnings the majority of which arises from abdominal muscles organizations it oversees, according up to a CNNMoney analysis of IRS filings through the Better Business Bureau’s 102 U.S. Bureaus and office this is certainly nationwide.
Where the cash arises from: a supply this is certainly self proclaimed of and impartial ranks of millions of businesses all over global globe, the Better company Bureau gets most its income from account fees paid by several thousand businesses. (more…)
