B U I L D Inc

Analysis

B U I L D Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1979, 47 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 (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, B U I L D Inc reported income of $1.8m and spending of $630k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.8m (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 277%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, B U I L D Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Wireless Neighborhoods ($1.8m), Charles County Charitable Trust Inc ($1.8m) and Mississippi Delta Council for Farm Workers Opportunities Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $61k (9.7% of expenses). Other salaries and wages came to $174k. At year end it held assets of $4.1m against liabilities of $1.4m, net assets of $2.7m. It reported 3 employees.