West Alabama Regional Commission
Analysis
West Alabama Regional Commission is a registered charity in United States, based in Northport, AL. It received its IRS tax-exemption ruling in June 1976, 50 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 September 2023, West Alabama Regional Commission reported income of $12.9m and spending of $11.7m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.0m to $12.9m (+17%), an average of +3.9% a year. Over the whole period it spent 94% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Alabama Regional Commission sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Tobosa Development and Training Center Inc ($12.8m), Goodwill Industries of North Louisiana Inc ($12.9m) and Valley Vision Inc ($12.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $119k (1.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $11.0m against liabilities of $5.3m, net assets of $5.6m. It reported 129 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 64%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tobosa Development and Training Center Inc | Roswell | $12.8m |
| Goodwill Industries of North Louisiana Inc | Shreveport | $12.9m |
| Valley Vision Inc | Sacramento | $12.8m |
| Goodwill Industries of Northeast Indiana Inc | Fort Wayne | $12.9m |