The Gamma Theta Lambda Education Foundation

Analysis

The Gamma Theta Lambda Education Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2024, The Gamma Theta Lambda Education Foundation reported income of $172k and spending of $27k, leaving 84% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $147k to $172k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 13% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Gamma Theta Lambda Education Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 45th percentile within DE. Charities of a similar size with the same main cause include American Educational Studies Association ($172k), International Association of Master Penmen-Engrossers-Teachers of ($172k) and Ohio County Schools Foundation Inc ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 113% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.