Build African Schools Inc

Analysis

Build African Schools Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Build African Schools Inc reported income of $128k and spending of $77k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,786 to $128k (+4489%), an average of +4489% a year. The sharpest change came in the year to December 2023, when income rose by 4489%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Build African Schools Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Jones-Johnson Family Ministry Foundation ($128k), Society of St Vincent Depaul St Michael the Archangel Conference ($128k) and Mindful Kids Miami Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $1,445, net assets of $64k.