Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Madison, WI. 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 2023, Association of School Business Officials International reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.5m (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 103% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.5m), University of Chicago Retiree Medical TR ($1.5m) and Hockey Ministries International ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 89% of the total. At year end it held assets of $566k against liabilities of $399k, net assets of $167k.

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.