Mobile Quarterback Club Inc

Analysis

Mobile Quarterback Club Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Mobile Quarterback Club Inc reported income of $130k and spending of $160k, spending 123% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $589k to $130k (-78%), an average of -32% a year. The sharpest change came in the year to April 2024, when income dropped by 59%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mobile Quarterback Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AL. Charities of a similar size with the same main cause include Quincy Service Club Foundation ($130k), Ellevate Foundation Inc ($130k) and Workforce Opportunity Resource Center Worc2 Lab Inc ($130k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 21% and program service revenue 74% of the total. Other salaries and wages came to $114k. At year end it held assets of $415k against liabilities of $0, net assets of $415k. It reported 4 employees.