Community Action Agency of Northeast Alabama Inc

Analysis

Community Action Agency of Northeast Alabama Inc is a registered charity in United States, based in Rainsville, AL. It received its IRS tax-exemption ruling in May 1974, 52 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 October 2023, Community Action Agency of Northeast Alabama Inc reported income of $19.9m and spending of $19.8m, spending 99% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $5.4m to $19.9m (+265%), an average of +38% a year. The sharpest change came in the year to October 2022, when income rose by 101%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Action Agency of Northeast Alabama Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Sterling Home Care Inc ($19.9m), Central Valley Childrens Services Network ($19.9m) and Peninsula Family Service ($19.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.5m against liabilities of $1.7m, net assets of $866k. It reported 48 employees.