Alpha Gamma Rho Educational Foundation of Iota Chapter Inc

Analysis

Alpha Gamma Rho Educational Foundation of Iota Chapter Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 June 2024, Alpha Gamma Rho Educational Foundation of Iota Chapter Inc reported income of $158k and spending of $117k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $106k to $158k (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Gamma Rho Educational Foundation of Iota Chapter Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Save the Kid Fund Inc ($158k), Marielders Inc ($158k) and Society of St Vincent de Paul Superior District Council ($158k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 1.3% of the total. Other salaries and wages came to $599. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.