Albertville City Schools Foundation

Analysis

Albertville City Schools Foundation is a registered charity in United States, based in Albertville, AL. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Albertville City Schools Foundation reported income of $174k and spending of $139k, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $72k to $174k (+140%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albertville City Schools Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within AL. Charities of a similar size with the same main cause include Falmouth Education Foundation Inc ($174k), Independent Television Festivalincorporated ($174k) and Parent Teacher Organization of Glenshire Elementary School ($174k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $875k against liabilities of $152, net assets of $875k.