Kappa Alpha Theta Foundation

Analysis

Kappa Alpha Theta Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1963, 63 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, Kappa Alpha Theta Foundation reported income of $5.7m and spending of $4.8m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $5.7m (+392%), an average of +49% a year. The sharpest change came in the year to June 2021, when income rose by 363%. 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, Kappa Alpha Theta Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include University of Minnesota Foundation Investment Advisors ($5.7m), Wharton Graduate Association Twga Inc ($5.7m) and The Academy at Penguin Hall Inc ($5.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $199k (4.2% of expenses). Other salaries and wages came to $538k. At year end it held assets of $44.1m against liabilities of $358k, net assets of $43.7m.