Associated Builders and Contractors Eastern Pa Chapter Apprenticeship

Analysis

Associated Builders and Contractors Eastern Pa Chapter Apprenticeship is a registered charity in United States, based in East Norriton, PA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Associated Builders and Contractors Eastern Pa Chapter Apprenticeship reported income of $780k and spending of $951k, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $513k to $780k (+52%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 89%. Over the whole period it spent 124% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Associated Builders and Contractors Eastern Pa Chapter Apprenticeship sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Society of Ob-Gyn Hospitalists ($780k), Mni Sota Fund ($782k) and Formerly Incarcerated College Graduates Network ($780k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $324k. At year end it held assets of $1.4m against liabilities of $1.4m, net assets of -$15k.

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.