Alexandria-Fairfax Alumni Chapter Kappa Schlrship Endowment Fund Inc

Analysis

Alexandria-Fairfax Alumni Chapter Kappa Schlrship Endowment Fund Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1991, 35 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 June 2023, Alexandria-Fairfax Alumni Chapter Kappa Schlrship Endowment Fund Inc reported income of $299k and spending of $230k, leaving 23% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $155k to $299k (+93%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alexandria-Fairfax Alumni Chapter Kappa Schlrship Endowment Fund Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Melissa Education Foundation ($299k), Offense Ministries Inc ($299k) and Natomas Arts and Education Foundation ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.5m against liabilities of $764k, net assets of $692k.