Alabama Power Service Organization Inc

Analysis

Alabama Power Service Organization Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Alabama Power Service Organization Inc reported income of $102k and spending of $115k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $102k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alabama Power Service Organization Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Brillion Nature Study Center Association Inc ($102k), Filer Senior Haven Incorporated ($102k) and Association of Fundraising Professionals ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.