Phi Delta Kappa International Inc

Analysis

Phi Delta Kappa International Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Phi Delta Kappa International Inc reported income of $4.6m and spending of $4.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to December 2022, income fell from $4.7m to $4.6m (-2.6%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 243%. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Phi Delta Kappa International Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Nevada Volunteers ($4.6m), Nantucket Golf Club Foundation Inc ($4.6m) and Detroit Childrens Fund ($4.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $684k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $10.6m, net assets of -$8.7m. It reported 30 employees.