Kappa Epsilon Lambda Education Foundation Inc

Analysis

Kappa Epsilon Lambda Education Foundation Inc is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in April 1996, 30 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, Kappa Epsilon Lambda Education Foundation Inc reported income of $52k and spending of $54k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $52k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Epsilon Lambda Education Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Gfwc-Temecula Valley Womans Club ($52k), Franklin County Christian Learning Center Inc ($52k) and Fresh Perspectives Seminars ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $85k against liabilities of $8,782, net assets of $76k.