Beta Psi Foundation Inc

Analysis

Beta Psi Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2005, 21 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 December 2023, Beta Psi Foundation Inc reported income of $226k and spending of $115k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $226k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beta Psi Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Ganeinu ($226k), Washington State Association of College Trustees ($226k) and Washington Potato Foundation ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $2.3m against liabilities of $23k, net assets of $2.3m.