Business and Education Alliance of Alabama

Analysis

Business and Education Alliance of Alabama is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Business and Education Alliance of Alabama reported income of $154k and spending of $117k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $204k to $154k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Business and Education Alliance of Alabama sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include New Canaan High School Parents and Faculty Association Inc ($154k), Canine Rescue ($155k) and Live Like Luke ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.