Phi Lambda Upsilon Honorary Chemical Society

Analysis

Phi Lambda Upsilon Honorary Chemical Society is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in November 1992, 34 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 July 2024, Phi Lambda Upsilon Honorary Chemical Society reported income of $67k and spending of $46k, leaving 32% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income fell from $68k to $67k (-1.0%), an average of -1.0% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phi Lambda Upsilon Honorary Chemical Society sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within KS. Charities of a similar size with the same main cause include New Mexico Library Association ($67k), PTA California Congress of Parents Teachers & Students Inc ($67k) and North Scott Athletic Booster Club Incorporated ($67k).

At year end it held assets of $229k against liabilities of $0, net assets of $229k.