Ewing T Boles Endowment Fund Trust Fbo Phi Kappa Tau Foundation

Analysis

Ewing T Boles Endowment Fund Trust Fbo Phi Kappa Tau Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 2011, 15 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ewing T Boles Endowment Fund Trust Fbo Phi Kappa Tau Foundation reported income of $345k and spending of $305k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $345k (+141%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 213%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ewing T Boles Endowment Fund Trust Fbo Phi Kappa Tau Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Heart to Heart Pregnancy Support Center ($345k), Phoenix Youth Theatre ($345k) and Blue Ridge Energy Members Foundation ($345k).

Compensation of current officers, directors and key employees was $55k (18% of expenses). At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.