Great River Affiliated Building Company

Analysis

Great River Affiliated Building Company is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Great River Affiliated Building Company reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great River Affiliated Building Company 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 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Cornerstone Community School Inc ($1.3m), Promise Academy ($1.3m) and Los Angeles Family School ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $14.5m against liabilities of $15.5m, net assets of -$1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.