Associated Builders and Contractors Craft Training Trust of Alaska

Analysis

Associated Builders and Contractors Craft Training Trust of Alaska is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in October 2012, 14 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 December 2023, Associated Builders and Contractors Craft Training Trust of Alaska reported income of $441k and spending of $408k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $441k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 94% 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 and Contractors Craft Training Trust of Alaska sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within AK. Charities of a similar size with the same main cause include Flagship Enterprise Capital ($441k), Massachusetts Regional Employment Board Association ($441k) and Koinonia Ventures Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $424k against liabilities of $41k, net assets of $384k.