Womens Foundation of Alabama

Analysis

Womens Foundation of Alabama is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Womens Foundation of Alabama reported income of $5.5m and spending of $3.0m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $5.5m (+347%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Womens Foundation of Alabama sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include United Way of Denton County Inc ($5.5m), The Immokalee Foundation Inc ($5.5m) and Chief Executives for Corporate Purpose Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $408k (13% of expenses). Other salaries and wages came to $461k. At year end it held assets of $10.7m against liabilities of $2.2m, net assets of $8.5m. It reported 15 employees.