Building & Construction Workforce Center

Analysis

Building & Construction Workforce Center is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in June 2020, 6 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 June 2024, Building & Construction Workforce Center reported income of $285k and spending of $613k, spending 215% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $280k to $285k (+1.9%), an average of +0.6% a year. The sharpest change came in the year to June 2022, when income rose by 2954%. Over the whole period it spent 12% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Building & Construction Workforce Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Society to Benefit Everyone Inc ($285k), Market Building Foundation Inc ($285k) and Open Arms Rape Crisis Center & LGBT Services ($285k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $10.7m against liabilities of $0, net assets of $10.7m.