Alpha Mu Tau Fraternity

Analysis

Alpha Mu Tau Fraternity is a registered charity in United States, based in Hermosa, SD. It received its IRS tax-exemption ruling in April 1973, 53 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 December 2023, Alpha Mu Tau Fraternity reported income of $79k and spending of $63k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $79k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Mu Tau Fraternity sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within SD. Charities of a similar size with the same main cause include Malvern Center ($79k), J W Rich Girls Club Inc ($79k) and Reese Parents Club ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 19% of the total. At year end it held assets of $658k against liabilities of $30k, net assets of $628k.