Alpha XI Delta Foundation

Analysis

Alpha XI Delta Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1962, 64 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 May 2024, Alpha XI Delta Foundation reported income of $853k and spending of $610k, leaving 29% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $724k to $853k (+18%), an average of +3.3% a year. The sharpest change came in the year to May 2021, when income rose by 62%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha XI Delta Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include A Chance to Learn ($853k), Community Christian Academy ($853k) and Oakland Literacy Coalition ($853k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $10.1m against liabilities of $25k, net assets of $10.1m.