Rho Sigma Lambda

Analysis

Rho Sigma Lambda is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in February 2012, 14 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 August 2023, Rho Sigma Lambda reported income of $92k and spending of $83k, spending 91% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $39k to $92k (+138%), an average of +138% a year. The sharpest change came in the year to August 2023, when income rose by 138%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rho Sigma Lambda sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Hudson Pep Elementary PTO ($92k), NW Austin Rotary Club Foundation ($92k) and Halls Band Boosters Inc ($92k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.