Small Public Charity

AMERICANS FOR A BALANCED BUDGET INC

Based in RALEIGH, NC, AMERICANS FOR A BALANCED BUDGET INC operates as a Small Public Charity. The organization reported $68K in revenue, $48K in expenses, $262K in total assets for fiscal year 2024. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 464576284 RALEIGH, NC Latest filing: 2024
Total Revenue$68K
Total Expenses$48K
Total Assets$262K
Grant Records10
Funding Total$1.2M
Filing Years2019–2024

Mission

ORIGINALLY IN OPERATION DURING THE 1980S AND 1990S, AMERICANS FOR A BALANCED BUDGET (ABB) WAS RE-FOUNDED IN 2009 IN RESPONSE TO THE RECKLESS FISCAL POLICIES OF THE BIG-SPENDING, OUT-OF-CONTROL POLITICIANS IN WASHINGTON, D.C. WITH THE NATIONAL DEBT SOARING PAST 30 TRILLION DOLLARS, IT IS CLEAR TO MILLIONS OF AMERICANS THAT THIS MASSIVE DEBT IS OUR GREATEST NATIONAL SECURITY RISK IN THE 21ST CENTURY. ABB PROVIDES A VOICE FOR AMERICAN TAXPAYERS WHO BELIEVE THE UNITED STATES MUST GET ITS SPENDING UNDER CONTROL IN ORDER TO SURVIVE AND PROSPER. ABB IS AN EFFECTIVE ADVOCACY ORGANIZATION WORKING TOWARD A BALANCED BUDGET AMENDMENT, A MODERNIZED TAX CODE AND OTHER COMMON SENSE POLICY OBJECTIVES WHICH WILL HELP AMERICA GET ITS FISCAL HOUSE IN ORDER.

Sample Grants Received

$25,000
2022
SUPPORTS KEY POLICY INITIATIVES THAT WILL PROMOTE FISCAL RESPONSIBILITY - GRANTS SOLELY FOR THE GENERAL PURPOSE OF THE ORGANIZATION
$500,000
2022
SOCIAL WELFARE
$500,000
$15,000
2022
GENERAL SUPPORT
$10,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Chad Adam Heflin
TREASURER Charles Gantt
PRESIDENT Douglas F Stewart Iii
BOARD MEMBER Hon Thomas Cowart Goolsby Jr Esq
BOARD MEMBER Roger Lee Currie Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

SOCIAL WELFARE
$500,000 1 grant
SUPPORTS KEY POLICY INITIATIVES THAT WILL PROMOTE FISCAL RESPONSIBILITY - GRANTS SOLELY FOR THE GENERAL PURPOSE OF THE ORGANIZATION
$500,000 1 grant
GENERAL CONTRIBUTION
$111,000 3 grants
General Contribution
$60,000 2 grants
GENERAL SUPPORT
$30,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $68K $48K $262K
2023 $937K $952K $241K
2022 $2.4M $2.0M $256K
2020 $105K $37K $4K
2019 $94K $60K $21K

Between 2019 and 2024, reported annual revenue declined from $94K to $68K (-27%), with total assets most recently reported at $262K.

Interactive year-over-year charts and full filing details available with membership.

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