Gamma401 Foundation Inc

Analysis

Gamma401 Foundation Inc is a registered charity in United States, based in Spring Grove, IL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gamma401 Foundation Inc reported income of $59k and spending of $33k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $886k to $59k (-93%), an average of -49% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 9.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma401 Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include South Placer Rotary Foundation Inc ($59k), Mary Marek Elementary Parent Teacher Organization ($59k) and Fairview Eagles Nest Preschool Inc ($59k).

At year end it held assets of $1000k against liabilities of $0, net assets of $1000k.