Alpha Lambda Delta

Analysis

Alpha Lambda Delta is a registered charity in United States, based in Fairport, NY. It received its IRS tax-exemption ruling in March 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Alpha Lambda Delta reported income of $973k and spending of $824k, spending 85% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $838k to $973k (+16%), an average of +3.0% a year. The sharpest change came in the year to May 2021, when income rose by 98%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Lambda Delta sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Womenserve ($973k), Project Tomorrow ($973k) and Centro Para Emprendedores Inc ($973k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 70% of the total. Compensation of current officers, directors and key employees was $124k (15% of expenses). At year end it held assets of $6.5m against liabilities of $123k, net assets of $6.4m. It reported 4 employees.