Beta Upsilon Chi

Analysis

Beta Upsilon Chi is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2003, 23 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 July 2023, Beta Upsilon Chi reported income of $794k and spending of $1.0m, spending 128% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.2m to $794k (-35%), an average of -10% a year. The sharpest change came in the year to July 2022, when income dropped by 39%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beta Upsilon Chi sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Thomas Edison State University Foundation Inc ($794k), South Pasadena High School Tiger Booster Club Inc ($795k) and Sonoma Valley Mentoring Alliance Inc ($794k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $215k (21% of expenses). At year end it held assets of $583k against liabilities of $76k, net assets of $507k. It reported 4 employees.