Alabama Power Company Energizers Inc

Analysis

Alabama Power Company Energizers Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Company Energizers Inc reported income of $131k and spending of $130k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $131k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 122% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alabama Power Company Energizers Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Tom and Ingeborg Nesset Foundation ($131k), Stop Poaching Now Inc ($131k) and Alabama Golf Charities Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,754 against liabilities of $0, net assets of $7,754.