Building From Below

Analysis

Building From Below is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Building From Below reported income of $173k and spending of $738k, spending 427% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $696k to $173k (-75%), an average of -24% a year. The sharpest change came in the year to December 2022, when income rose by 343%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Building From Below sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Project Ledo ($173k), Apoe Foundation ($173k) and Friends of the San Carlos Library ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Other salaries and wages came to $146k. It paid $183 in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $43k, net assets of $1.9m.