Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Niantic, CT. 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 $357k and spending of $386k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $357k (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 105% 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 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Little Pee Dee Manor Inc ($357k), Mi Casa International ($357k) and Rosedale Volunteer Fire Company Inc ($357k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $112k (29% of expenses). At year end it held assets of $190k against liabilities of $0, net assets of $190k. It reported 1 employees.

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.