Kappa Omicron Nu Inc

Analysis

Kappa Omicron Nu Inc is a registered charity in United States, based in Belleair Bluffs, FL. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kappa Omicron Nu Inc reported income of $98k and spending of $147k, spending 151% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $177k to $98k (-45%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Omicron Nu Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Manheim Touchdown Club ($98k), Foundation for Excellence in Public Educ in Clarke County Ga Inc ($98k) and Hand Therapy Association of California ($98k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 50% of the total. At year end it held assets of $700k against liabilities of $0, net assets of $700k.