National Sorority of Phi Delta Kappa Inc

Analysis

National Sorority of Phi Delta Kappa Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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 June 2024, National Sorority of Phi Delta Kappa Inc reported income of $118k and spending of $91k, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $148k to $118k (-20%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income rose by 439%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Sorority of Phi Delta Kappa Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Amplio Foundation ($118k), Refugio Volunteer Fire Department ($118k) and Holdrege Memorial Homes Foundation ($118k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.