Community Building Institute Middletown

Analysis

Community Building Institute Middletown is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, 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, Community Building Institute Middletown reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Building Institute Middletown 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 OH. Charities of a similar size with the same main cause include Plumbers-No 8 Educational Training Program Fund ($1.6m), Evansville Electrical Joint Apprent and Training Committee ($1.6m) and Kokomo Community Development Corporation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $155k (9.5% of expenses). Other salaries and wages came to $752k. At year end it held assets of $241k against liabilities of $169k, net assets of $71k. It reported 62 employees.

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.