Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Hopkinton, MA. 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 2023, Association of School Business Officials International reported income of $856k and spending of $751k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $710k to $856k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 83% 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 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Sunshine Montessori School Inc ($856k), Floyd County Legacy Foundation ($857k) and Catherines House ($856k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $116k (15% of expenses). Other salaries and wages came to $125k. At year end it held assets of $1.0m against liabilities of $47k, net assets of $959k. It reported 3 employees.