Academy of Building Industries Inc

Analysis

Academy of Building Industries Inc is a registered charity in United States, based in Fort Mohave, AZ. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academy of Building Industries Inc reported income of $2.3m and spending of $1.5m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.3m (+106%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Building Industries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Partnerships for Academically Creative Teaching ($2.3m), Childrens Haven Child Care Center ($2.3m) and Thaddeus Stevens Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $803k. At year end it held assets of $2.0m against liabilities of $457k, net assets of $1.6m. It reported 23 employees.