Phi Delta Epsilon Medical Foundation

Analysis

Phi Delta Epsilon Medical Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Phi Delta Epsilon Medical Foundation reported income of $103k and spending of $58k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $263k to $103k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phi Delta Epsilon Medical Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Diabetes Coalition of Palm Beach County Inc ($103k), Alive & Well Inc ($103k) and Wisconsin Hospice and Palliative Care Collaborative Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $863k against liabilities of $0, net assets of $863k.