Educational Foundation of Alpha Gamma Rho

Analysis

Educational Foundation of Alpha Gamma Rho is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 1967, 59 years ago. 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, Educational Foundation of Alpha Gamma Rho reported income of $3.1m and spending of $3.3m, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $3.1m (+51%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational Foundation of Alpha Gamma Rho 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 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Minnesota Housing Partnership ($3.1m), Blue Mountain Heart to Heart ($3.1m) and San Jose Jazz ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 8.9% of the total. Other salaries and wages came to $341k. At year end it held assets of $17.6m against liabilities of $217k, net assets of $17.4m.