Psi Upsilon Foundation Inc

Analysis

Psi Upsilon Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1986, 40 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 June 2023, Psi Upsilon Foundation Inc reported income of $534k and spending of $637k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $359k to $534k (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 112%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Psi Upsilon Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Tri-Valley Community Television ($534k), Intertribal Friendship House ($534k) and Lynbrook Instrumental Music Boosters ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $204k. At year end it held assets of $2.4m against liabilities of $70k, net assets of $2.3m. It reported 5 employees.