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 $69k and spending of $73k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $69k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 83% 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 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($69k), The Architectural Foundation of Santa Barbara ($69k) and Philomatheon Society Trust ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.