Build Rehabilitation Industries Inc

Analysis

Build Rehabilitation Industries Inc is a registered charity in United States, based in Sylmar, CA. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Build Rehabilitation Industries Inc reported income of $3.0m and spending of $3.7m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.4m to $3.0m (-53%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Build Rehabilitation Industries Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Actm Corp ($3.0m), Employment Options Inc ($3.0m) and Aace International ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $220k (6.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $9.3m against liabilities of $3.9m, net assets of $5.4m. It reported 91 employees.