Alpha Chi Rho Educational Foundation Inc

Analysis

Alpha Chi Rho Educational Foundation Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in April 1954, 72 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 2023, Alpha Chi Rho Educational Foundation Inc reported income of $406k and spending of $568k, spending 140% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $364k to $406k (+11%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 137%. Over the whole period it spent 139% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Chi Rho Educational Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Northern New England Center for Financial Training ($405k), Community Alliance for Learning ($406k) and Hampton School Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 0.8% of the total. Other salaries and wages came to $75k. At year end it held assets of $3.1m against liabilities of $450k, net assets of $2.6m. It reported 1 employees.