Alabama Power Service Organization Inc

Analysis

Alabama Power Service Organization Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 1992, 34 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 December 2023, Alabama Power Service Organization Inc reported income of $336k and spending of $226k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $377k to $336k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. 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 Power Service Organization Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Stonington Volunteer Ambulance Corp Inc ($336k), Kids & Company Day Care Inc ($336k) and Metro Youth Football Association Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.