Beta Phi Foundation Inc

Analysis

Beta Phi Foundation Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Beta Phi Foundation Inc reported income of $59k and spending of $71k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $81k to $59k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beta Phi Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include PTA Florida Congress ($59k), Assoc for the Study of Classical African Civilizations Foundation ($59k) and Virginia Congress of Parents and Teachers ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $6,500 (9.1% of expenses). It paid $17k in professional fundraising fees. At year end it held assets of $927k against liabilities of $0, net assets of $927k.