Kappa Lambda Chi Military Fraternity Inc

Analysis

Kappa Lambda Chi Military Fraternity Inc is a registered charity in United States, based in Evans, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2022, Kappa Lambda Chi Military Fraternity Inc reported income of $369k and spending of $292k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $351k to $369k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2019, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kappa Lambda Chi Military Fraternity Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Kansas City Rotary Club Foundation ($369k), Everyday Boston Inc ($369k) and Foundation for Senior Adult Living Inc ($369k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 20% and program service revenue 80% of the total. It paid $1,025 in professional fundraising fees. At year end it held assets of $392k against liabilities of $0, net assets of $392k.