Alpha Phi Foundation Inc

Analysis

Alpha Phi Foundation Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1993, 33 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, Alpha Phi Foundation Inc reported income of $5.3m and spending of $4.5m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.8m to $5.3m (+40%), an average of +6.9% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Phi Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Foundation for Tulsa Schools ($5.3m), Opportunity Scholarship Fund ($5.3m) and Community School for Creative Education ($5.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $207k (4.6% of expenses). Other salaries and wages came to $790k. At year end it held assets of $27.9m against liabilities of $1.0m, net assets of $26.9m. It reported 14 employees.