The Alabama Independent School Association Inc

Analysis

The Alabama Independent School Association Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, The Alabama Independent School Association Inc reported income of $976k and spending of $963k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $873k to $976k (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Alabama Independent School Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Asian Pacific American Leadership Institute ($976k), New Life Academy Educational Foundation Inc ($976k) and Texoma Autism and Behavior Intervention School ($976k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $126k (13% of expenses). At year end it held assets of $849k against liabilities of $121k, net assets of $728k.