American College of the Building Arts

Analysis

American College of the Building Arts is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, American College of the Building Arts reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.9m to $3.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to July 2022, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American College of the Building Arts sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Aie Inc ($3.9m), Aims Education Foundation ($3.9m) and Architecture Construction and Engineering-Ace-Charter High Schoo ($3.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $250k (6.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $11.9m against liabilities of $4.8m, net assets of $7.1m. It reported 31 employees.