Delta Theta Lambda Chaptr Education Foundation Alpha Phi Alpha Frat

Analysis

Delta Theta Lambda Chaptr Education Foundation Alpha Phi Alpha Frat is a registered charity in United States, based in Normal, AL. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Delta Theta Lambda Chaptr Education Foundation Alpha Phi Alpha Frat reported income of $95k and spending of $86k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $95k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delta Theta Lambda Chaptr Education Foundation Alpha Phi Alpha Frat sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include Westmoore Kickoff Club ($95k), Meso Foundation ($95k) and Kentucky Association of Student Financial Aid Administrators Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $172k against liabilities of $57k, net assets of $115k.