Associated Builders and Contractors Training Academy

Analysis

Associated Builders and Contractors Training Academy is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in November 2015, 11 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 (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, Associated Builders and Contractors Training Academy reported income of $180k and spending of $127k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $180k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 88% 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 Training Academy sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include German Central Foundation ($180k), Madison Main Street Program Inc ($180k) and Bay Area Houston Convention and Visitors Bureau ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $132k against liabilities of $60k, net assets of $72k.