Birmingham Prep Foundation Inc

Analysis

Birmingham Prep Foundation Inc is a registered charity in United States, based in Pelham, AL. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Birmingham Prep Foundation Inc reported income of $55k and spending of $52k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $55k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Birmingham Prep Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AL. Charities of a similar size with the same main cause include Rangerettes Junior Girls Drill Team Inc ($55k), Norman North Girls Basketball Booster Club ($55k) and Trailgators Booster Association ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,979 against liabilities of $0, net assets of $3,979.