Alcy Ball Community Developement

Analysis

Alcy Ball Community Developement is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in February 2014, 12 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 (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, Alcy Ball Community Developement reported income of $393k and spending of $472k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $393k (+55%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alcy Ball Community Developement sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Bridge Support Corporation ($393k), Sunrise Mission Inc ($393k) and Wayne County Housing Inc ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $85k (18% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.1m against liabilities of $404k, net assets of $692k. It reported 7 employees.