Ags Gamma Chapter Foundation Inc

Analysis

Ags Gamma Chapter Foundation Inc is a registered charity in United States, based in Malcolm, NE. It received its IRS tax-exemption ruling in January 2022, 4 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, Ags Gamma Chapter Foundation Inc reported income of $113k and spending of $8,567, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $113k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 5.8% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ags Gamma Chapter Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NE. Charities of a similar size with the same main cause include Sustainable Agriculture Education ($113k), Yonsei University Alumni Association of Southern California ($113k) and Institute for Postmodern Development of China ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.