Pi Upsilon Lambda Charitable Foundation Inc

Analysis

Pi Upsilon Lambda Charitable Foundation Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pi Upsilon Lambda Charitable Foundation Inc reported income of $109k and spending of $114k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $109k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pi Upsilon Lambda Charitable Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Los Alamitos High School Cross Country Booster Club ($109k), Hyde Park School Athletics Booster Club ($109k) and Parent Booster USA Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.