Eta Theta Lampda Education Foundation

Analysis

Eta Theta Lampda Education Foundation is a registered charity in United States, based in W Hempstead, NY. It received its IRS tax-exemption ruling in April 2006, 20 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, Eta Theta Lampda Education Foundation reported income of $153k and spending of $130k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $410 to $153k (+37168%), an average of +1830% a year. The sharpest change came in the year to December 2022, when income rose by 41943%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eta Theta Lampda Education Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Adamo Education Inc ($153k), Pinkney Innovation Complex for Science & Technology at Montgomery ($153k) and Logan County Education Foundation ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.