Beta Nu Chapter of Phi Beta Pi

Analysis

Beta Nu Chapter of Phi Beta Pi is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in February 1997, 29 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 June 2024, Beta Nu Chapter of Phi Beta Pi reported income of $83k and spending of $68k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $59k to $83k (+41%), an average of +7.1% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beta Nu Chapter of Phi Beta Pi sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OR. Charities of a similar size with the same main cause include Melbourne Beach Volunteer ($83k), Miles White Beneficial Society of Baltimore City ($83k) and Macoupin County Historical Society ($83k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 97% of the total. At year end it held assets of $173k against liabilities of $65k, net assets of $108k.