Cahaba River Society Inc

Analysis

Cahaba River Society Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Cahaba River Society Inc reported income of $824k and spending of $788k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $585k to $824k (+41%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cahaba River Society Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within AL. Charities of a similar size with the same main cause include K M H Homes Inc ($823k), Southern Windsor County Incubator Inc ($824k) and Friends of St Marys ($823k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $53k (6.7% of expenses). Other salaries and wages came to $367k. At year end it held assets of $1.1m against liabilities of $26k, net assets of $1.0m. It reported 14 employees.