Phi Upsilon Omicron Educational Foundation Inc

Analysis

Phi Upsilon Omicron Educational Foundation Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in February 1972, 54 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 July 2023, Phi Upsilon Omicron Educational Foundation Inc reported income of $87k and spending of $151k, spending 174% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $233k to $87k (-63%), an average of -22% a year. The sharpest change came in the year to July 2021, when income rose by 281%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phi Upsilon Omicron Educational Foundation 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 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Teach the Future Inc ($87k), Feller School ($87k) and Outreach Technology Inc ($87k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.