Southern Alabama Ahec

Analysis

Southern Alabama Ahec is a registered charity in United States, based in Georgiana, AL. It received its IRS tax-exemption ruling in October 2015, 11 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 August 2023, Southern Alabama Ahec reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 5 years on record, from August 2018 to August 2023, income grew from $273k to $1.5m (+463%), an average of +54% a year. The sharpest change came in the year to August 2022, when income dropped by 100%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southern Alabama Ahec sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include 4us ($1.5m), United Way for Jackson George Greene Counties Mississppi Inc ($1.5m) and Information Technology Exchange ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $291k (22% of expenses). At year end it held assets of $606k against liabilities of $142k, net assets of $464k.