Phi Gamma Chapter of Omega Nu Sorority

Analysis

Phi Gamma Chapter of Omega Nu Sorority is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Phi Gamma Chapter of Omega Nu Sorority reported income of $148k and spending of $111k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $76k to $148k (+95%), an average of +95% a year. The sharpest change came in the year to June 2024, when income rose by 95%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phi Gamma Chapter of Omega Nu Sorority sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Hope Sight Mission Association ($148k), Kalahari New Hope ($148k) and Think Hope ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 1.8% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.