Pi Mu Epsilon Inc

Analysis

Pi Mu Epsilon Inc is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in June 1953, 73 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 2024, Pi Mu Epsilon Inc reported income of $126k and spending of $166k, spending 132% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $115k to $126k (+8.7%), an average of +2.8% a year. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pi Mu Epsilon Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Joey O Donnell Foundation Trust ($126k), American Legion Auxiliary Girls State Dept of Ne ($126k) and Mt Morris Senior Citizens Council ($125k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $14k. At year end it held assets of $530k against liabilities of $0, net assets of $530k.