Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in April 1988, 38 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 June 2023, Association of School Business Officials International reported income of $854k and spending of $690k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $715k to $854k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of School Business Officials International 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 77th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Holy Family Homeschool Apostolate Inc ($854k), South Walton Montessori Academy Inc ($854k) and Ebh Journey Inc ($854k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 65% of the total. Compensation of current officers, directors and key employees was $102k (15% of expenses). At year end it held assets of $1.4m against liabilities of $202k, net assets of $1.2m. It reported 1 employees.