Alpha Gamma Rho Educational Foundation of Eta Chapter

Analysis

Alpha Gamma Rho Educational Foundation of Eta Chapter is a registered charity in United States, based in Iowa Falls, IA. It received its IRS tax-exemption ruling in May 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alpha Gamma Rho Educational Foundation of Eta Chapter reported income of $62k and spending of $74k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $62k (-70%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 112% 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 Educational Foundation of Eta Chapter sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include PTA Texas Congress ($62k), Little League Baseball Inc ($62k) and Human Nature School ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.