Uab Educational Foundation

Analysis

Uab Educational Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Uab Educational Foundation reported income of $10.2m and spending of $8.8m, spending 86% of its income. Across the 6 years on record, from June 2019 to September 2023, income grew from $10.2m to $10.2m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to September 2022, when income rose by 303%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uab Educational Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Northside Charter High School ($10.2m), Sound Child Care Solutions ($10.2m) and Uchcfc Circle Road Corp ($10.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $111k (1.3% of expenses). Other salaries and wages came to $147k. At year end it held assets of $50.9m against liabilities of $10.4m, net assets of $40.5m.