Builders Inc

Analysis

Builders Inc is a registered charity in United States, based in Capitol HGTS, MD. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Builders Inc reported income of $115k and spending of $115k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $147k to $115k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Builders Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Clinch River Apartments Inc ($115k), Lake Havasu Meals on Wheels Inc ($115k) and Family Keys ($115k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.