B U I L D Incorporated

Analysis

B U I L D Incorporated is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1969, 57 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 2023, B U I L D Incorporated reported income of $26.2m and spending of $16.0m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $26.2m (+366%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, B U I L D Incorporated sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Chaddock Attachment and Trauma Services ($26.2m), South Michigan Food Bank ($26.2m) and Centerboard Inc ($26.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $221k (1.4% of expenses). Other salaries and wages came to $7.8m. It paid $41k in professional fundraising fees. At year end it held assets of $30.1m against liabilities of $6.7m, net assets of $23.4m. It reported 409 employees.