University of South Alabama General Liability Program

Analysis

University of South Alabama General Liability Program is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in January 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, University of South Alabama General Liability Program reported income of $1.1m and spending of $1.2m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.1m (-41%), an average of -12% a year. The sharpest change came in the year to September 2020, when income dropped by 34%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of South Alabama General Liability Program sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Evangelical Lutheran Church in America ($1.1m), Lake Area Industries Inc ($1.1m) and Visalia Gleaning Seniors ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $35k. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.