Bama Works Fund

Analysis

Bama Works Fund is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 2020, 6 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 2022, Bama Works Fund reported income of $304k and spending of $320k, spending 105% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $298k to $304k (+2.0%), an average of +2.0% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bama Works Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Lompoc Teen Center ($304k), Presence ($304k) and Susan Phillips Day School a California Nonprofit Public Benefi ($304k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $100, net assets of $80k.