Low Income Housing Coalition of Alabama

Analysis

Low Income Housing Coalition of Alabama is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Low Income Housing Coalition of Alabama reported income of $84k and spending of $192k, spending 229% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $233k to $84k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Low Income Housing Coalition of Alabama sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include Stu and the Kids Inc ($84k), Share a Smile ($84k) and Born to Fly International ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $125k against liabilities of $42k, net assets of $83k.