Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Robbinsville, NJ. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 June 2024, Association of School Business Officials International reported income of $2.1m and spending of $1.9m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $2.1m (+20%), an average of +3.8% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of School Business Officials International sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Blinn College Foundation Inc ($2.1m), Western States Cancer Research Ncorp ($2.1m) and Southwire Cares Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $303k (16% of expenses). Other salaries and wages came to $151k. At year end it held assets of $2.2m against liabilities of $445k, net assets of $1.7m. It reported 5 employees.