Birmingham Chapter of the American Association of Blacks in Energy

Analysis

Birmingham Chapter of the American Association of Blacks in Energy is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Birmingham Chapter of the American Association of Blacks in Energy reported income of $133k and spending of $118k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $105k to $133k (+27%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Birmingham Chapter of the American Association of Blacks in Energy 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 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Tanners Team Foundation ($133k), Project Open Inc ($133k) and Bait-Ul Jamaat House of Community ($133k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.