Dallas Pi Beta Phi Philanthropies

Analysis

Dallas Pi Beta Phi Philanthropies is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Dallas Pi Beta Phi Philanthropies reported income of $184k and spending of $204k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $120k to $184k (+53%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dallas Pi Beta Phi Philanthropies sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Retired Senior Volunteer Program of Daviess County Indiana Inc ($184k), Chiera Family Foundation Inc ($184k) and Arlington County Police Charitable Fund Inc ($184k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 158% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.