Automobile Alley

Analysis

Automobile Alley is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Automobile Alley reported income of $294k and spending of $265k, spending 90% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $264k to $294k (+11%), an average of +11% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Automobile Alley 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 61st percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Central Iowa Housing Trust Fund ($293k), Sonoma County Black Forum ($294k) and Sequoia Youth & Family Services ($293k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. At year end it held assets of $139k against liabilities of $11k, net assets of $128k.