Mount Tabor Benevolent Association Inc

Analysis

Mount Tabor Benevolent Association Inc is a registered charity in United States, based in Bessemer, AL. It received its IRS tax-exemption ruling in August 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Tabor Benevolent Association Inc reported income of $124k and spending of $117k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $124k (+152%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mount Tabor Benevolent Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Partnership for Economic Alliance for Community Empowerment ($123k), Junior League of Sacramento Inc ($124k) and US Pan Asian Amer CMBR of Commerce FDN Midwest Regional Chapter Inc ($123k).

At year end it held assets of $8,026 against liabilities of $0, net assets of $8,026.