Fort Washington MD Alumni Chapter of Kappa Alpha Psi Fraternity Inc

Analysis

Fort Washington MD Alumni Chapter of Kappa Alpha Psi Fraternity Inc is a registered charity in United States, based in Ft Washington, MD. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Fort Washington MD Alumni Chapter of Kappa Alpha Psi Fraternity Inc reported income of $89k and spending of $73k, spending 82% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $72k to $89k (+24%), an average of +24% a year. The sharpest change came in the year to September 2023, when income rose by 24%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fort Washington MD Alumni Chapter of Kappa Alpha Psi Fraternity Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($89k), Love Ministries ($89k) and Tender Bridge Inc ($89k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $182k against liabilities of $0, net assets of $182k.