Delta Chi Educational Foundation Inc

Analysis

Delta Chi Educational Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1957, 69 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 December 2023, Delta Chi Educational Foundation Inc reported income of $1.6m and spending of $861k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $941k to $1.6m (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 271%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delta Chi Educational Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Network Charter School ($1.6m), Hart 2 Hart Christian Academy Inc ($1.6m) and National Council for Workforce Education ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $58k (6.7% of expenses). Other salaries and wages came to $119k. At year end it held assets of $7.3m against liabilities of $12k, net assets of $7.3m. It reported 3 employees.