Abc Building Services

Analysis

Abc Building Services is a registered charity in United States, based in Isanti, MN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Abc Building Services reported income of $505k and spending of $426k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $415k to $505k (+22%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Abc Building Services 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 70th percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Dogwood Village Foundation ($505k), The Arc of Delaware Inc ($505k) and Seabury ($505k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.3m against liabilities of $6.3m, net assets of -$1,762.