Chi Psi Educational Trust Inc

Analysis

Chi Psi Educational Trust Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2003, 23 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 June 2023, Chi Psi Educational Trust Inc reported income of $5.3m and spending of $3.0m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $5.3m (+161%), an average of +27% a year. The sharpest change came in the year to June 2020, when income rose by 492%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chi Psi Educational Trust Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Montessori New Beginnings Academy Inc ($5.3m), Imagine Elementary at Camelback Inc ($5.3m) and Community College Foundation ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $25.4m against liabilities of $1.2m, net assets of $24.2m.