How to Build Up Inc

Analysis

How to Build Up Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, How to Build Up Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $876k to $1.6m (+78%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, How to Build Up Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Richmond Community-Owned Development Enterprise ($1.6m), Vision Ed Inc ($1.6m) and Club 720 Development Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (6.0% of expenses). Other salaries and wages came to $58k. At year end it held assets of $361k against liabilities of $141k, net assets of $220k. It reported 1 employees.