First Builders Construction Inc

Analysis

First Builders Construction Inc is a registered charity in United States, based in Wyncote, PA. It received its IRS tax-exemption ruling in January 2022, 4 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 2022, First Builders Construction Inc reported income of $76k and spending of $75k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $145k to $76k (-47%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, First Builders Construction Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Talent Chamber of Commerce ($76k), Hallsvile Athletic Boosters ($76k) and Women in Agile Inc ($76k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $1,506 against liabilities of $0, net assets of $1,506.