Society of Pi Kappa Lambada

Analysis

Society of Pi Kappa Lambada is a registered charity in United States, based in St Simons Is, GA. It received its IRS tax-exemption ruling in June 1944, 82 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 December 2023, Society of Pi Kappa Lambada reported income of $99k and spending of $85k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $99k (+8.6%), an average of +8.6% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Pi Kappa Lambada sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include PTA Kentucky Congress ($99k), Altadena Guild of the Huntington Memorial Hospital ($99k) and Wayzata-Plymouth Meals on Wheels Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 21% of the total. At year end it held assets of $456k against liabilities of $0, net assets of $456k.