The Community Foundation of Greater Birmingham

Analysis

The Community Foundation of Greater Birmingham is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 1966, 60 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Community Foundation of Greater Birmingham reported income of $30.6m and spending of $35.9m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $45.7m to $30.6m (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Community Foundation of Greater Birmingham sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Community Foundation of Greater Johnstown ($30.5m), Enveritas Inc ($30.8m) and Communitygiving ($30.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $312k (0.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $290.2m against liabilities of $20.7m, net assets of $269.5m. It reported 19 employees.