Skilled Trades of West Alabama

Analysis

Skilled Trades of West Alabama is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in April 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Skilled Trades of West Alabama reported income of $938k and spending of $967k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $581k to $938k (+61%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Skilled Trades of West Alabama sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include Buffalo Erie Niagara Land Improvement Corporation ($938k), Cuisine on the Green Inc ($938k) and Jefferson Facilities Inc ($938k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $265k. At year end it held assets of $433k against liabilities of $207k, net assets of $226k. It reported 1 employees.