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 $55k and spending of $97k, spending 177% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $55k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 113% 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 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AL. Charities of a similar size with the same main cause include PTA Florida Congress ($55k), Friends of the Burlington Public Library ($55k) and Richland County Safety Council ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.