Alexander City Schools Education Foundation

Analysis

Alexander City Schools Education Foundation is a registered charity in United States, based in Alex City, AL. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Alexander City Schools Education Foundation reported income of $112k and spending of $70k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $120k to $112k (-7.2%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alexander City Schools Education Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Copperas Cove Quarterback Club ($112k), Humanex Foundation ($112k) and Wilson Elementary PTO ($112k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (34% of expenses). At year end it held assets of $157k against liabilities of $0, net assets of $157k.