Alpha Psi Omega Honors Society

Analysis

Alpha Psi Omega Honors Society is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in October 2012, 14 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, Alpha Psi Omega Honors Society reported income of $74k and spending of $49k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $74k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 3494%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpha Psi Omega Honors Society sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AR. Charities of a similar size with the same main cause include Bellermine Boosters Club ($74k), Wyss Missions ($74k) and Willmar Civic Scholarship Association Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $661k against liabilities of $0, net assets of $661k.