Blackbelt & Central Alabama Housing Authority

Analysis

Blackbelt & Central Alabama Housing Authority is a registered charity in United States, based in Selma, AL. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Blackbelt & Central Alabama Housing Authority reported income of $263k and spending of $263k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $263k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blackbelt & Central Alabama Housing Authority sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within AL. Charities of a similar size with the same main cause include Elizabeth Seton Housing Development Fund Corporation ($263k), Father Bradley Shelter for Women and Children Inc ($263k) and Roosevelt Park Association Inc ($263k).

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 $2,577 against liabilities of $2,577, net assets of $0.