Mountain Brook City Schools Foundation

Analysis

Mountain Brook City Schools Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Mountain Brook City Schools Foundation reported income of $760k and spending of $793k, spending 104% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $890k to $760k (-15%), an average of -3.9% a year. The sharpest change came in the year to April 2021, when income rose by 218%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Brook City Schools Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Peak to Peak Mountain Charter ($760k), Annie Halenbake Ross Library ($760k) and Notre Dame de LA Baie Foundation Inc ($760k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $87k (11% of expenses). At year end it held assets of $11.1m against liabilities of $549k, net assets of $10.5m. It reported 1 employees.