Omicron Delta Kappa Society and Educational Foundation Inc

Analysis

Omicron Delta Kappa Society and Educational Foundation Inc is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Omicron Delta Kappa Society and Educational Foundation Inc reported income of $1.0m and spending of $1.4m, spending 140% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.1m to $1.0m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Omicron Delta Kappa Society and Educational Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Girard College Foundation ($1.0m), Lansing Christian School Pilgrim Foundation ($1.0m) and Communities in Schools of Randolph County ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $173k (12% of expenses). Other salaries and wages came to $430k. At year end it held assets of $3.8m against liabilities of $148k, net assets of $3.7m. It reported 11 employees.