Alabama Cattlemens Foundation Inc

Analysis

Alabama Cattlemens Foundation Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Alabama Cattlemens Foundation Inc reported income of $387k and spending of $211k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $387k (+107%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alabama Cattlemens Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include Hebron Food Pantry Inc ($387k), Mothers of Hope ($387k) and Farmers Ending Hunger ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $9,071. At year end it held assets of $2.1m against liabilities of $1,367, net assets of $2.1m.