Alpha Chi Sigma Fraternity Collegiate Chapter

Analysis

Alpha Chi Sigma Fraternity Collegiate Chapter is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1941, 85 years ago. 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, Alpha Chi Sigma Fraternity Collegiate Chapter reported income of $165k and spending of $177k, spending 108% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $204k to $165k (-19%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Chi Sigma Fraternity Collegiate Chapter sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Noahs Ark Ukraine Mission ($164k), Burlington Civic Music Association ($165k) and World Family Therapy Congresses Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 86% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.