Associated Builders and Contractors Craft Training TR of Baltimore

Analysis

Associated Builders and Contractors Craft Training TR of Baltimore is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2023, Associated Builders and Contractors Craft Training TR of Baltimore reported income of $1.6m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 94% 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 Craft Training TR of Baltimore sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Neighborhood Leadership Institute ($1.6m), Christmas Box International ($1.6m) and The Catalyst Center for Business & Entrepreneurship ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. At year end it held assets of $4.9m against liabilities of $3.5m, net assets of $1.4m.

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.