Kappa Delta Foundation Inc

Analysis

Kappa Delta Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1984, 42 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, Kappa Delta Foundation Inc reported income of $5.1m and spending of $3.6m, leaving 29% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.1m to $5.1m (+26%), an average of +5.8% a year. The sharpest change came in the year to July 2021, when income rose by 43%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kappa Delta Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Austin International School Association ($5.1m), Cape Fear Center for Inquiry ($5.1m) and Students for Liberty Incorporated ($5.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $479k. At year end it held assets of $44.2m against liabilities of $1.3m, net assets of $43.0m. It reported 9 employees.