Books-A-Million Inc Associate Assistance Fund

Analysis

Books-A-Million Inc Associate Assistance Fund is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2006, 20 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 January 2024, Books-A-Million Inc Associate Assistance Fund reported income of $60k and spending of $60k, spending 99% of its income. Across the 5 years on record, from January 2020 to January 2024, income fell from $105k to $60k (-42%), an average of -13% a year. The sharpest change came in the year to January 2022, when income dropped by 41%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Books-A-Million Inc Associate Assistance Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AL. Charities of a similar size with the same main cause include New Jersey State Federation of Womens Clubs ($60k), Wisconsin Rapids Area Senior Center Association Inc ($60k) and PFW Foundation Inc ($60k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $682k against liabilities of $0, net assets of $682k.