Beta Theta Pi Foundation

Analysis

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

In the financial year ending May 2023, Beta Theta Pi Foundation reported income of $7.4m and spending of $6.0m, spending 80% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.0m to $7.4m (+50%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beta Theta Pi Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Towpath Trail High School ($7.4m), Crosswalk Hesperia Experiential Learning Pathways ($7.4m) and Clarksdale Collegiate ($7.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $231k (3.9% of expenses). Other salaries and wages came to $665k. It paid $8,158 in professional fundraising fees. At year end it held assets of $33.5m against liabilities of $881k, net assets of $32.6m.