Building Alabama Reinvestment

Analysis

Building Alabama Reinvestment is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Building Alabama Reinvestment reported income of $118k and spending of $93k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $118k (+215%), an average of +215% a year. The sharpest change came in the year to December 2023, when income rose by 215%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Building Alabama Reinvestment sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within AL. Charities of a similar size with the same main cause include Travis County Women Lawyers Foundation ($118k), Chino Community Childrens Theatre ($118k) and Friends of the Edisto Inc ($118k).

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 $81k against liabilities of $0, net assets of $81k.