Alabama Nurses Foundation Inc

Analysis

Alabama Nurses Foundation Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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, Alabama Nurses Foundation Inc reported income of $529k and spending of $425k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $529k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alabama Nurses Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Friends of Lincoln Inc ($529k), Music Mountain Incorporated ($530k) and Textile Conservation Workshop Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $48k (11% of expenses). At year end it held assets of $1.3m against liabilities of $672, net assets of $1.3m. It reported 1 employees.