Alpha Epsilon Phi Foundation Incorporated

Analysis

Alpha Epsilon Phi Foundation Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1961, 65 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, Alpha Epsilon Phi Foundation Incorporated reported income of $377k and spending of $188k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $377k (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Epsilon Phi Foundation Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Oregon Schools Foundation ($377k), Improving Schools Inc ($377k) and Montessori School of Aberdeen Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.