Gamma Epsilon Inc

Analysis

Gamma Epsilon Inc is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in July 2021, 5 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, Gamma Epsilon Inc reported income of $62k and spending of $27k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $62k (+12%), an average of +12% a year. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma Epsilon Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Roane County High School Band Boosters Association ($62k), Sacred Heart School Foundation ($62k) and Donald Ross Society Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.