Alabama Family Charitable TR

Analysis

Alabama Family Charitable TR is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Alabama Family Charitable TR reported income of $571k and spending of $206k, leaving 64% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $608k to $571k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to September 2022, when income dropped by 29%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alabama Family Charitable TR sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Lords Gym at the LA Dream Center Inc ($570k), Serve Braj Inc ($571k) and Precious Project Inc ($570k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.