Gamma Beta Foundation

Analysis

Gamma Beta Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gamma Beta Foundation reported income of $77k and spending of $70k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $77k (+4.6%), an average of +4.6% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma Beta Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Mission Trail PTO Inc ($77k), Rosa Lee Carter Elementary Schoolpto Incorporated ($77k) and Humble Heroes Foundation ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $376k against liabilities of $0, net assets of $376k.