Alabama Blues Project

Analysis

Alabama Blues Project is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alabama Blues Project reported income of $81k and spending of $97k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $81k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alabama Blues Project 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 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Rock and Roll for Children Foundation Inc ($81k), Area Food Shelf of New Richland ($81k) and Shepherds Hand Community Outreach Center ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $29k (30% of expenses). Other salaries and wages came to $14k. At year end it held assets of $14k against liabilities of $2,405, net assets of $12k.