Alpha Sigma Lambda Sce Eastern Illinois University

Analysis

Alpha Sigma Lambda Sce Eastern Illinois University is a registered charity in United States, based in Charleston, IL. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Alpha Sigma Lambda Sce Eastern Illinois University reported income of $169k and spending of $191k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $123k to $169k (+38%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alpha Sigma Lambda Sce Eastern Illinois University sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Mountain Place Inc ($169k), Dallas Neighborhood Homes ($169k) and RVM Eagle Point Housing Corporation ($169k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $9,000 (4.7% of expenses). At year end it held assets of $507k against liabilities of $475, net assets of $507k.