Kappa Gamma Pi

Analysis

Kappa Gamma Pi is a registered charity in United States, based in Trenton, MI. It received its IRS tax-exemption ruling in February 1953, 73 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 May 2023, Kappa Gamma Pi reported income of $70k and spending of $67k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $79k to $70k (-11%), an average of -11% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Gamma Pi sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include LD Bell HS Choir Booster Club ($70k), El Dorado Song Boosters ($70k) and Antelope Band Boosters Association ($70k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 1.0% of the total. At year end it held assets of $250k against liabilities of $4,867, net assets of $245k.