Alpha Iota Educational Foundation

Analysis

Alpha Iota Educational Foundation is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Alpha Iota Educational Foundation reported income of $71k and spending of $127k, spending 179% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income fell from $251k to $71k (-72%), an average of -34% a year. The sharpest change came in the year to August 2021, when income rose by 95%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alpha Iota Educational Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MO. Charities of a similar size with the same main cause include Tour de Boerne Inc ($71k), Kingwood Chapter National Charity League Inc ($71k) and Rebozo Festival Inc ($71k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $430k against liabilities of $0, net assets of $430k.