Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in April 1988, 38 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, Association of School Business Officials International reported income of $580k and spending of $512k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $375k to $580k (+54%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of School Business Officials International sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MT. Charities of a similar size with the same main cause include Haven in Lee County Inc ($580k), XL Ministries Inc ($580k) and Military Police Regimental Association Inc ($580k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $83k (16% of expenses). Other salaries and wages came to $111k. At year end it held assets of $985k against liabilities of $484k, net assets of $501k. It reported 3 employees.