University of Alabama Medical Alumni Association

Analysis

University of Alabama Medical Alumni Association is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Alabama Medical Alumni Association reported income of $256k and spending of $286k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $275k to $256k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to September 2020, when income dropped by 20%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Alabama Medical Alumni Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within AL. Charities of a similar size with the same main cause include Kala Vedika ($256k), The National Association of Early Childhood Specialists in State ($256k) and Elysian Heights Parent Association ($256k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 16% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.