Five Points Charitable Foundation Inc

Analysis

Five Points Charitable Foundation Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Five Points Charitable Foundation Inc reported income of $79k and spending of $47k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $79k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Five Points Charitable Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Oxfest Charities Inc ($79k), The Parent Teacher Council of Stamford ($79k) and Forest Hill Elementary School PTO ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.