Birmingham Business Alliance Foundation

Analysis

Birmingham Business Alliance Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 1989, 37 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Birmingham Business Alliance Foundation reported income of $587k and spending of $484k, spending 82% of its income. The sharpest change came in the year to December 2021, when income rose by 2106%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Birmingham Business Alliance Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Love My Job Training Center ($587k), Community Council of the Rio Grande Valley ($587k) and Ech Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.