Zeta Beta Tau Foundation Inc

Analysis

Zeta Beta Tau Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Zeta Beta Tau Foundation Inc reported income of $826k and spending of $2.1m, spending 253% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.7m to $826k (-52%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Zeta Beta Tau Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Johnston Community College Foundation Inc ($826k), Dream Project Inc ($826k) and Professional & Organizational Deveolpment Network in Higher Educ ($825k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $205k (9.8% of expenses). Other salaries and wages came to $352k. At year end it held assets of $13.0m against liabilities of $256k, net assets of $12.8m. It reported 6 employees.