Rho Chi Society

Analysis

Rho Chi Society is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Rho Chi Society reported income of $246k and spending of $214k, spending 87% of its income. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rho Chi Society 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 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Adult Christian Education Foundation Inc ($246k), Volunteers of America Inc ($246k) and Rugged Cross Baptist Church ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 21% of the total. Other salaries and wages came to $116k. At year end it held assets of $876k against liabilities of $0, net assets of $876k.