Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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, Association of School Business Officials International reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.4m (+51%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of School Business Officials International sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Cedar Lane Senior Living Community I Inc ($2.4m), Women in Need Inc ($2.4m) and East Meadow Soccer Club ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $353k (15% of expenses). Other salaries and wages came to $304k. At year end it held assets of $1.5m against liabilities of $343k, net assets of $1.1m. It reported 7 employees.