Associated Builders and Contractors Apprenticeship Trust Fund

Analysis

Associated Builders and Contractors Apprenticeship Trust Fund is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, Associated Builders and Contractors Apprenticeship Trust Fund reported income of $299k and spending of $337k, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $185k to $299k (+62%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associated Builders and Contractors Apprenticeship Trust Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include All Charities Teamsters Fund ($299k), Orthopterists Society ($299k) and Theatre Tuscaloosa Inc ($299k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $397k against liabilities of $243k, net assets of $154k.