Alpha Epsilon Pi Foundation Inc

Analysis

Alpha Epsilon Pi Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Alpha Epsilon Pi Foundation Inc reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $3.6m to $2.6m (-27%), an average of -10% a year. The sharpest change came in the year to May 2021, when income dropped by 47%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Epsilon Pi Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Community School Inc ($2.6m), Literacy Assistance Center ($2.6m) and East Range Academy of Technology & Science ($2.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Other salaries and wages came to $616k. At year end it held assets of $5.0m against liabilities of $108k, net assets of $4.9m. It reported 9 employees.