Phi Kappa Psi Endowment Association Kansas Alpha

Analysis

Phi Kappa Psi Endowment Association Kansas Alpha is a registered charity in United States, based in Mission Hills, KS. It received its IRS tax-exemption ruling in October 1952, 74 years ago. 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, Phi Kappa Psi Endowment Association Kansas Alpha reported income of $452k and spending of $457k, spending 101% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $162k to $452k (+180%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phi Kappa Psi Endowment Association Kansas Alpha sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within KS. Charities of a similar size with the same main cause include Emmanuel Mission Church of the Christian and Missionary Alliance ($452k), We Love Swimming Inc ($452k) and Snoqualmie Valley Youth Activities and Community Center Association ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.