Kappa Kappa Psi Fraternity

Analysis

Kappa Kappa Psi Fraternity is a registered charity in United States, based in Natchitoches, LA. It received its IRS tax-exemption ruling in November 1976, 50 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 June 2023, Kappa Kappa Psi Fraternity reported income of $69k and spending of $62k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $74k to $69k (-7.2%), an average of -7.2% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kappa Kappa Psi Fraternity sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Little League Baseball Inc ($69k), Friends of MC Intosh Inc ($69k) and Springs Improvement Society Inc ($69k).

At year end it held assets of $44k against liabilities of $131, net assets of $43k.