Gamma Chi Chapter Foundation for Education Inc

Analysis

Gamma Chi Chapter Foundation for Education Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gamma Chi Chapter Foundation for Education Inc reported income of $64k and spending of $51k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31k to $64k (+105%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 190%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma Chi Chapter Foundation for Education Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Summerfield Charter Academy Parent Leadership Team Inc ($64k), University League Inc ($64k) and Napfa Consumer Education Foundation ($64k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.