Build a School Initiatives in Africa Inc

Analysis

Build a School Initiatives in Africa Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Build a School Initiatives in Africa Inc reported income of $3.2m and spending of $3.1m, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $441k to $3.2m (+616%), an average of +616% a year. The sharpest change came in the year to December 2023, when income rose by 616%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Build a School Initiatives in Africa Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Vsi ($3.2m), Junior Achievement of Greater Boston Inc ($3.2m) and Skysthelimit Org ($3.2m).

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 $45k against liabilities of $0, net assets of $45k.