Builders Exchange Foundation

Analysis

Builders Exchange Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1999, 27 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 December 2023, Builders Exchange Foundation reported income of $490k and spending of $387k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $490k (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Builders Exchange Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Avon Grove Library ($490k), Bridgeville Public Library ($490k) and DC Preservation League ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $6.1m against liabilities of $523, net assets of $6.1m.