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Alpha Chi Sigma Educational Foundation

RegisteredEIN 35-6018436Indianapolis, INEducation and training
Income$74k2023-12
Spending$101ksame year
Spent / received72%5-year average
Size in its cause32nd pctEducation and training
Exempt since1960Publicly supported organisat
Employees0latest return

Analysis

Alpha Chi Sigma Educational Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1960, 66 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 Chi Sigma Educational Foundation reported income of $74k and spending of $101k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $74k (+100%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 342%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Chi Sigma Educational Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Alpha Educational Foundation-Ddl Inc ($74k), Tedxnashville Inc ($74k) and Brian Grabowski Scholarship - a Life Well Lived Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 5.3% of the total. At year end it held assets of $919k against liabilities of $39k, net assets of $881k.

Income and spending

$0$41k$82k$124k$165k2019 Income: $37,2592019 Spending: $55,16520192020 Income: $164,7542020 Spending: $42,52220202021 Income: $100,9792021 Spending: $45,20620212022 Income: $64,8342022 Spending: $76,40820222023 Income: $74,4252023 Spending: $101,4472023
IncomeSpending

Where the income comes from

  • Contributions & grants 16%
  • Program services 5.3%
  • Other 79%

Similar-sized charities, same cause

CharityLocationIncome
Alpha Educational Foundation-Ddl IncRiviera Beach$74k
Tedxnashville IncFranklin$74k
Brian Grabowski Scholarship - a Life Well Lived IncTulare$74k
Friends of the Marblehead Public Schools IncMarblehead$74k