Building Our Tech Inc

Analysis

Building Our Tech Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Building Our Tech Inc reported income of $524k and spending of $130k, leaving 75% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $394k to $524k (+33%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Building Our Tech Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Spokane County Sheriff Community ($524k), Mt Carmel Inc ($525k) and Rochester Land Bank Corporation ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $407k against liabilities of $0, net assets of $407k. It reported 3 employees.