Alabama Conference of Black Mayors

Analysis

Alabama Conference of Black Mayors is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Alabama Conference of Black Mayors reported income of $285k and spending of $285k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $30k to $285k (+842%), an average of +207% a year. The sharpest change came in the year to December 2022, when income rose by 1040%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alabama Conference of Black Mayors sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include Red Earth Inc ($285k), Yes Lab Inc ($285k) and Athens County Historical Society & Museum Inc ($285k).

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 $30k against liabilities of $0, net assets of $30k.