Gamma Theta Foundation Inc

Analysis

Gamma Theta Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2020, 6 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, Gamma Theta Foundation Inc reported income of $165k and spending of $45k, leaving 73% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $105k to $165k (+57%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 290%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma Theta Foundation Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Wake Forest University Foundation ($165k), Kenai Peninsula Fair Association ($165k) and Chesterton Academy of Omaha ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. It paid $28k in professional fundraising fees. At year end it held assets of $902k against liabilities of $0, net assets of $902k.