Tau Chapter of Alpha Chi Sigma Inc

Analysis

Tau Chapter of Alpha Chi Sigma Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in May 1941, 85 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2022, Tau Chapter of Alpha Chi Sigma Inc reported income of $61k and spending of $94k, spending 155% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $96k to $61k (-37%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tau Chapter of Alpha Chi Sigma Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Claretian Teaching Ministry ($61k), PTA Kentucky Congress ($61k) and Greensburg Meals on Wheels Inc ($61k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 85% of the total. At year end it held assets of $133k against liabilities of $17k, net assets of $116k.