Beta Alpha Psi National Council

Analysis

Beta Alpha Psi National Council is a registered charity in United States, based in Lakewood RCH, FL. It received its IRS tax-exemption ruling in February 1974, 52 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 April 2023, Beta Alpha Psi National Council reported income of $375k and spending of $339k, spending 91% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $710k to $375k (-47%), an average of -15% a year. The sharpest change came in the year to April 2021, when income dropped by 54%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beta Alpha Psi National Council sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include The Collective at Building Hope ($375k), USA Swimming Inc ($375k) and Gateway Hemophilia Association ($375k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. At year end it held assets of $403k against liabilities of $19k, net assets of $384k.