Chom Incorporated of Tuscaloosa County

Analysis

Chom Incorporated of Tuscaloosa County is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chom Incorporated of Tuscaloosa County reported income of $622k and spending of $580k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $579k to $622k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chom Incorporated of Tuscaloosa County sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include Idaho STEM Action Center Foundation ($621k), Edison Innovation Foundation ($622k) and Association for Positive Behavior Support ($621k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 50% and program service revenue 33% of the total. Other salaries and wages came to $272k. At year end it held assets of $1.5m against liabilities of $18k, net assets of $1.5m. It reported 18 employees.