Associated Builders & Contractors Wisc Inc Aprntcshp & TRNG TR

Analysis

Associated Builders & Contractors Wisc Inc Aprntcshp & TRNG TR is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 1994, 32 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 & Contractors Wisc Inc Aprntcshp & TRNG TR reported income of $2.9m and spending of $2.7m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $2.9m (+20%), an average of +6.2% a year. Over the whole period it spent 87% 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 & Contractors Wisc Inc Aprntcshp & TRNG TR sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Scotland County Economic Development Corporation ($2.9m), Wilkes Vocational Services Inc ($2.9m) and Mobile Area Chamber of Commerce Foundation Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $4.4m against liabilities of $922k, net assets of $3.5m.