Center for Maximum Potential Building Systems Inc

Analysis

Center for Maximum Potential Building Systems Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1976, 50 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Maximum Potential Building Systems Inc reported income of $524k and spending of $485k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $323k to $524k (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Maximum Potential Building Systems Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Richmond Civic Theatre Inc ($524k), Museum of Dinosaurs and Ancient Cultures Inc ($525k) and Waterford Foundation Inc ($524k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $166k (34% of expenses). Other salaries and wages came to $76k. At year end it held assets of $983k against liabilities of $20k, net assets of $963k. It reported 4 employees.