Alabama Veteran

Analysis

Alabama Veteran is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alabama Veteran reported income of $4.3m and spending of $467k, leaving 89% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $1.4m to $4.3m (+198%), an average of +198% a year. The sharpest change came in the year to June 2024, when income rose by 198%. Over the whole period it spent 11% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alabama Veteran sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include St Anns Corner of Harm Reduction Inc ($4.3m), I Care Inc ($4.3m) and El Regreso Inc ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $5.2m against liabilities of $0, net assets of $5.2m.