Orlando Alumni Chapter of Kappa Alpha Psi Fraternity Inc

Analysis

Orlando Alumni Chapter of Kappa Alpha Psi Fraternity Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2015, 11 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 September 2023, Orlando Alumni Chapter of Kappa Alpha Psi Fraternity Inc reported income of $70k and spending of $65k, spending 94% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $113k to $70k (-38%), an average of -22% a year. The sharpest change came in the year to September 2023, when income dropped by 47%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Orlando Alumni Chapter of Kappa Alpha Psi Fraternity Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Deep Spring Center for Meditation and Spiritual Inquiry ($70k), CHS All Sports Booster Club Inc ($70k) and Westglades Middle School Band Boosters ($70k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 31% of the total. At year end it held assets of $1.1m against liabilities of $69k, net assets of $1.0m.