Friends of McCalla

Analysis

Friends of McCalla is a registered charity in United States, based in Bessemer, AL. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Friends of McCalla reported income of $575k and spending of $61k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $575k (+423%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 445%. Over the whole period it spent 9.4% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of McCalla sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Lions of Michigan Service Foundation Inc ($575k), Junior League of New Orleans Inc ($576k) and A Ray of Hope Today ($575k).

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 $2.7m against liabilities of $0, net assets of $2.7m.