National Sorority of Phi Delta Kappa Inc

Analysis

National Sorority of Phi Delta Kappa Inc is a registered charity in United States, based in Lawton, OK. It received its IRS tax-exemption ruling in May 1976, 50 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 June 2024, National Sorority of Phi Delta Kappa Inc reported income of $97k and spending of $113k, spending 117% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $140k to $97k (-31%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Sorority of Phi Delta Kappa Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include Kinnikinnick Parent Teacher Organization Kinnikinnick School ($97k), Rim of the World Educational Foundation ($97k) and Shoreline Community Cooperative Preschool ($97k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.