Huntsville and Madison County Builders Foundation Inc

Analysis

Huntsville and Madison County Builders Foundation Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in December 1996, 30 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 December 2023, Huntsville and Madison County Builders Foundation Inc reported income of $73k and spending of $65k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $29k to $73k (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huntsville and Madison County Builders Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Quaker Elementary PTO Inc ($73k), Rhode Island Society of Technology Educators ($73k) and College Wood Parent Teacher Organization Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 89% of the total. At year end it held assets of $846k against liabilities of $0, net assets of $846k.