Builders Association Inc

Analysis

Builders Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Association Inc reported income of $104k and spending of $115k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $118k to $104k (-12%), an average of -6.3% a year. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Builders Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Apa Musical Theater Guild Fund ($104k), Maquoketa Art Experience Ltd ($104k) and Circus Amok Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $99k against liabilities of $3,131, net assets of $96k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.