Community Builders

Analysis

Community Builders is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in August 2015, 11 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 June 2024, Community Builders reported income of $1.0m and spending of $957k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $432k to $1.0m (+139%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 68%. Over the whole period it spent 139% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Builders sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Juanita Sims Doty Foundation ($1.0m), Penn Northwest Development Corporation ($1.0m) and Workforce Development Board of Eastern Arkansas Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $101k (11% of expenses). Other salaries and wages came to $581k. At year end it held assets of $445k against liabilities of $42k, net assets of $404k. It reported 9 employees.