Zeta Tau Alpha Foundation Inc

Analysis

Zeta Tau Alpha Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Zeta Tau Alpha Foundation Inc reported income of $5.8m and spending of $4.0m, leaving 31% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $5.4m to $5.8m (+7.2%), an average of +1.8% a year. The sharpest change came in the year to July 2022, when income rose by 17%. 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, Zeta Tau Alpha Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Heritage Community Charter School Inc ($5.8m), Palmetto Scholars Academy Inc ($5.8m) and Community Libraries of Providence ($5.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $26.0m against liabilities of $0, net assets of $26.0m.