Apco Employees Cu Share the Care Foundation Inc

Analysis

Apco Employees Cu Share the Care Foundation Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Apco Employees Cu Share the Care Foundation Inc reported income of $84k and spending of $88k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $84k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Apco Employees Cu Share the Care Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include Education Focused Foundation ($84k), Ladies Auxiliary Colonial Volunteer Fire Co ($84k) and Mike Gallagher Show Charitable Foundation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 146% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.