Alpha Omicron Pi Foundation

Analysis

Alpha Omicron Pi Foundation is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in December 1978, 48 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2024, Alpha Omicron Pi Foundation reported income of $3.0m and spending of $2.1m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $3.0m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alpha Omicron Pi Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Emergent Health Partners ($3.0m), Family Medical Centers Community Foundation Inc ($3.0m) and Clara Maass Foundation ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $174k (8.4% of expenses). Other salaries and wages came to $172k. It paid $51k in professional fundraising fees. At year end it held assets of $13.9m against liabilities of $1.4m, net assets of $12.5m. It reported 5 employees.