Alabama Federal Tax Clinic Inc

Analysis

Alabama Federal Tax Clinic Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 1989, 37 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 April 2024, Alabama Federal Tax Clinic Inc reported income of $139k and spending of $152k, spending 109% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $103k to $139k (+34%), an average of +34% a year. The sharpest change came in the year to April 2024, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alabama Federal Tax Clinic Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AL. Charities of a similar size with the same main cause include Sarc Housing Needs Board Inc ($139k), City Advance ($139k) and Fort Bend County Fire Fighters Association Inc ($139k).

On its Form 990-EZ for the period ending April 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $178k against liabilities of $16k, net assets of $162k.