Eta Pi Chapter Foundation Inc

Analysis

Eta Pi Chapter Foundation Inc is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, Eta Pi Chapter Foundation Inc reported income of $211k and spending of $164k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $55k to $211k (+287%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 313%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eta Pi Chapter Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Emunas Dovid Inc ($211k), Partners for a Better Education Inc ($211k) and Step Forward Scholarship Fund ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $132k against liabilities of $12k, net assets of $121k.