Associated Builders and Contractors Pelican Education Foundation Inc

Analysis

Associated Builders and Contractors Pelican Education Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in November 2021, 5 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 Pelican Education Foundation Inc reported income of $335k and spending of $36, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.3m to $335k (-73%), an average of -73% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 0.0% 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 Pelican Education Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include University of Exeter US Foundation ($335k), Ozarka Technical College Foundation ($335k) and West End Christian School ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.