Asset Builders of America Inc

Analysis

Asset Builders of America Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Asset Builders of America Inc reported income of $482k and spending of $247k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $482k (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asset Builders of America Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Society of Academic Associations of Anesthesiology & Perioperative Med ($482k), Bladen Smart Start-A Partnership for Children Inc ($482k) and Holy Cross Academy ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $111k (45% of expenses). At year end it held assets of $599k against liabilities of $22k, net assets of $577k. It reported 1 employees.