Southern Business Administration Association

Analysis

Southern Business Administration Association is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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, Southern Business Administration Association reported income of $125k and spending of $119k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $125k (-0.1%), an average of -0.1% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Business Administration Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Central Society for Clinical Research Lakeside Medical Ctr ($125k), Mad River Path Association ($125k) and Divine Child Alumni Association Foundation ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.