Friends of Builders of Skills Inc

Analysis

Friends of Builders of Skills Inc is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Friends of Builders of Skills Inc reported income of $108k and spending of $104k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $103k to $108k (+5.0%), an average of +5.0% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Builders of Skills Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Sharon Robotics Booster Club ($108k), St Ann Society of Norwalk Inc ($108k) and Kate McCarthy Memorial Fund Corporation ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $267k against liabilities of $450k, net assets of -$182k.