Alabama Trucking Association Foundation

Analysis

Alabama Trucking Association Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Alabama Trucking Association Foundation reported income of $480k and spending of $102k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $425k to $480k (+13%), an average of +6.3% a year. Over the whole period it spent 38% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alabama Trucking Association Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Massachusetts Parents United Inc ($480k), Yietz Vezer Inc ($480k) and Enrich and Employ Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.0m against liabilities of $1,079, net assets of $1.0m.