Lambda Theta Nu Sorority

Analysis

Lambda Theta Nu Sorority is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, Lambda Theta Nu Sorority reported income of $195k and spending of $107k, leaving 45% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income fell from $212k to $195k (-8.0%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lambda Theta Nu Sorority sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Coalition for Public Safety Training in Schools ($195k), Roosevelt Elementary Educational Foundation ($195k) and Recycle Across America ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. At year end it held assets of $416k against liabilities of $0, net assets of $416k.