Beta Alpha Psi National Council

Analysis

Beta Alpha Psi National Council is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in February 1974, 52 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 April 2023, Beta Alpha Psi National Council reported income of $1.4m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $1.6m to $1.4m (-13%), an average of -3.5% a year. The sharpest change came in the year to April 2021, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beta Alpha Psi National Council sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Coalition on AIDS in Passaic County Inc ($1.4m), Montessori Progressive Learning Center Inc ($1.4m) and Hmong Institute Incorporated ($1.4m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. At year end it held assets of $3.1m against liabilities of $472k, net assets of $2.7m.