Alabama Initiative for Independent Journalism Inc

Analysis

Alabama Initiative for Independent Journalism Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Alabama Initiative for Independent Journalism Inc reported income of $69k and spending of $67k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $69k (-7.5%), an average of -7.5% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alabama Initiative for Independent Journalism Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include Passenger Vessel Foundation Inc ($69k), Minnesota Knitters Guild ($69k) and Friends of the McGaffin Carillon in University Circle Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.