Theta Lambda Alumni Association Inc

Analysis

Theta Lambda Alumni Association Inc is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Theta Lambda Alumni Association Inc reported income of $211k and spending of $328k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $211k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Theta Lambda Alumni Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include American Friends of Mishkan Saul Inc ($211k), Friends of Haac Inc ($211k) and Randy Rogers Family Foundation ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 128% of the total. At year end it held assets of $5,603 against liabilities of $0, net assets of $5,603.