Alpha Psi Education Scholarship and Leadership Foundation Inc

Analysis

Alpha Psi Education Scholarship and Leadership Foundation Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in May 2008, 18 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, Alpha Psi Education Scholarship and Leadership Foundation Inc reported income of $66k and spending of $29k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $66k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Psi Education Scholarship and Leadership Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include New System School Inc ($66k), Friends of the Culpeper Library Inc ($66k) and Alliance for Education Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $811k against liabilities of $0, net assets of $811k.