Historic Tabernacle Baptist Church- Selma Al Legacy Foundation

Analysis

Historic Tabernacle Baptist Church- Selma Al Legacy Foundation is a registered charity in United States, based in Selma, AL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Historic Tabernacle Baptist Church- Selma Al Legacy Foundation reported income of $256k and spending of $150k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $75k to $256k (+242%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Tabernacle Baptist Church- Selma Al Legacy Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within AL. Charities of a similar size with the same main cause include Ensemble Ballet Theatre ($256k), Calvary Center for Culture & Community ($256k) and Rocky Mount Historical Association ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.