Delta Gamma Foundation

Analysis

Delta Gamma Foundation is a registered charity in United States, based in Upper Arlngtn, OH. It received its IRS tax-exemption ruling in June 1953, 73 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 2023, Delta Gamma Foundation reported income of $8.3m and spending of $6.9m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.8m to $8.3m (+21%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 78%. 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, Delta Gamma Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Machinists Institute ($8.3m), Ocean Charter School ($8.3m) and Worcester State Foundation Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $165k (2.4% of expenses). Other salaries and wages came to $1.2m. It paid $6,000 in professional fundraising fees. At year end it held assets of $47.1m against liabilities of $1.5m, net assets of $45.6m.