Phi Delta Theta Foundation

Analysis

Phi Delta Theta Foundation is a registered charity in United States, based in Oxford, OH. It received its IRS tax-exemption ruling in August 1963, 63 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 December 2023, Phi Delta Theta Foundation reported income of $9.3m and spending of $3.3m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $9.3m (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phi Delta Theta Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Catholic Charities of Shiawassee & Genesee Counties ($9.3m), Resilient Youth & Community Inc ($9.3m) and Agape of Appleton Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $133k (4.0% of expenses). Other salaries and wages came to $578k. It paid $130k in professional fundraising fees. At year end it held assets of $36.9m against liabilities of $132k, net assets of $36.8m. It reported 10 employees.