Elevate West Alabama

Analysis

Elevate West Alabama is a registered charity in United States, based in Cottondale, AL. It received its IRS tax-exemption ruling in January 2023, 3 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 June 2024, Elevate West Alabama reported income of $254k and spending of $283k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $110k to $254k (+131%), an average of +131% a year. The sharpest change came in the year to June 2024, when income rose by 131%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elevate West Alabama sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within AL. Charities of a similar size with the same main cause include Purple Moose Enrichment Preschool ($254k), Florida Council on Crime and Delinquency Inc ($254k) and Teach-The-World Foundation Inc ($254k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (21% of expenses). Other salaries and wages came to $145k. At year end it held assets of $80k against liabilities of $0, net assets of $80k.