Mothers Milk Bank of Alabama

Analysis

Mothers Milk Bank of Alabama 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 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, Mothers Milk Bank of Alabama reported income of $561k and spending of $390k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $326k to $561k (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mothers Milk Bank of Alabama 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 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Believe I Can Academy Inc ($561k), Holy Ghost Learning Center Inc ($561k) and Kemmerer Senior Citizens Center Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $55k (14% of expenses). Other salaries and wages came to $112k. At year end it held assets of $629k against liabilities of $83k, net assets of $545k. It reported 8 employees.