Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Dekalb, IL. 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 2024, Association of School Business Officials International reported income of $5.2m and spending of $4.7m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.6m to $5.2m (+13%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 90% 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 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Rockbrook School Inc ($5.2m), Church Finance Corporation ($5.2m) and Rhode Island Coalition Against Domestic Violence ($5.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.6% and program service revenue 57% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $6.4m against liabilities of $995k, net assets of $5.4m. It reported 26 employees.