Black Alabamians for Educational Options

Analysis

Black Alabamians for Educational Options is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Black Alabamians for Educational Options reported income of $328k and spending of $328k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $25k to $328k (+1210%), an average of +262% a year. The sharpest change came in the year to December 2022, when income rose by 1298%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Alabamians for Educational Options sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within AL. Charities of a similar size with the same main cause include Investments & Wealth Foundation ($328k), Calculated Genius Inc ($328k) and PTA California Congress of Parents Teachers & Students Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $223k (68% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.