Builders Development Corporation

Analysis

Builders Development Corporation is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Builders Development Corporation reported income of $926k and spending of $476k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $926k (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Builders Development Corporation 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 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Keeping Konnected Inc ($926k), Lighthouse Rescue Mission ($926k) and Walker-Montgomery Community Development Corporation ($926k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% of the total. Compensation of current officers, directors and key employees was $63k (13% of expenses). At year end it held assets of $4.9m against liabilities of $2.2m, net assets of $2.7m. It reported 1 employees.