Alpha Gamma Rho Lambda Chapter Educational Foundation

Analysis

Alpha Gamma Rho Lambda Chapter Educational Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1980, 46 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 December 2023, Alpha Gamma Rho Lambda Chapter Educational Foundation reported income of $219k and spending of $145k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $219k (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 221%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Gamma Rho Lambda Chapter Educational Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Symphony Orchestra Guild of Decatur ($219k), Kings Bay Youth Organization Inc ($219k) and Volunteer and Exempt Firemens Benevolent Ass of Mt Kisco Ny ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. It paid $20k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $5,900, net assets of $1.2m.