Associated Builders and Contractors Inc Rio Grande Chapter

Analysis

Associated Builders and Contractors Inc Rio Grande Chapter is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Associated Builders and Contractors Inc Rio Grande Chapter reported income of $1.1m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $964k to $1.1m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Associated Builders and Contractors Inc Rio Grande Chapter sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NM. Charities of a similar size with the same main cause include Yuma Christian Academy Inc ($1.1m), Cardinal Academy Incorporated ($1.1m) and Vermont Farmers Market Education Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $4.2m against liabilities of $1.7m, net assets of $2.5m.