Albion Fellows Bacon Center Inc

Analysis

Albion Fellows Bacon Center Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 1982, 44 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, Albion Fellows Bacon Center Inc reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.8m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albion Fellows Bacon Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Go Pantry Corporation ($1.8m), Connecticut Institute for the Blind ($1.8m) and The Inn at Deerfield ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $74k (4.9% of expenses). Other salaries and wages came to $751k. At year end it held assets of $2.8m against liabilities of $523k, net assets of $2.3m. It reported 36 employees.