The Bessemer Cut Off Advocacy Center Inc

Analysis

The Bessemer Cut Off Advocacy Center Inc is a registered charity in United States, based in Bessemer, AL. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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, The Bessemer Cut Off Advocacy Center Inc reported income of $292k and spending of $319k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $386k to $292k (-24%), an average of -6.7% a year. The sharpest change came in the year to September 2021, when income dropped by 32%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bessemer Cut Off Advocacy Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include St Leo Assisted Housing NFP ($292k), North Peninsula Mandarin School ($292k) and Cambridge Center for Behavioral Studies Inc ($292k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (54% of expenses). At year end it held assets of $272k against liabilities of $0, net assets of $272k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.