Association of School Business Officials International

Analysis

Association of School Business Officials International is a registered charity in United States, based in Salem, OR. 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 $841k and spending of $865k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $841k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Asbestos Workers Education & Training Fund ($841k), Carolina Christian Academy ($841k) and Georgia Youth Science & Technology Center Inc ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $125k (14% of expenses). Other salaries and wages came to $174k. At year end it held assets of $625k against liabilities of -$42k, net assets of $666k. It reported 9 employees.