Alabama A&m University Trust for Educational Excellence

Analysis

Alabama A&m University Trust for Educational Excellence is a registered charity in United States, based in Normal, AL. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2022, Alabama A&m University Trust for Educational Excellence reported income of $659k and spending of $384k, leaving 42% of income unspent that year. Across the 4 years on record, from July 2019 to July 2022, income fell from $2.6m to $659k (-75%), an average of -37% a year. The sharpest change came in the year to July 2020, when income dropped by 69%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alabama A&m University Trust for Educational Excellence sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include Reading Nook Academy ($659k), Pride in Tiger Foundation ($659k) and Sprinkler Fitters Local 417 Training Fund ($659k).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 23% of the total. At year end it held assets of $43.0m against liabilities of $0, net assets of $43.0m.