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 (gross receipts test) 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 $61k and spending of $71k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $61k (+7.6%), an average of +7.6% a year. Over the whole period it spent 98% 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 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AL. Charities of a similar size with the same main cause include Friends of the Beverly Public Library ($61k), Starting Point Outreach Center ($61k) and PTA Kentucky Congress ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.