Houston Pi Beta Phi Foundation

Analysis

Houston Pi Beta Phi Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Houston Pi Beta Phi Foundation reported income of $113k and spending of $90k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $49k to $113k (+132%), an average of +132% a year. The sharpest change came in the year to June 2024, when income rose by 132%. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Houston Pi Beta Phi Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Uvalde Festival and Events Association Inc ($113k), LA Frontera Conservation Fund ($113k) and Kioch Partners of America K-Pals Inc ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 104% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.