Alabama High School of Mathematics and Science Foundation

Analysis

Alabama High School of Mathematics and Science Foundation is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Alabama High School of Mathematics and Science Foundation reported income of $10.1m and spending of $11.0m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $10.1m (+334%), an average of +44% a year. The sharpest change came in the year to September 2023, when income rose by 159%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alabama High School of Mathematics and Science Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Great Neck Library ($10.1m), Leadership Education Foundation ($10.1m) and Pittsburg State University Foundation Inc ($10.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 23% of the total. At year end it held assets of $14.3m against liabilities of $2.5m, net assets of $11.8m.