The Endowment Fund of the Phi Kappa Psi Fraternity
5395 Emerson Way, Indianapolis, IN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $11,923,152 | $6,461,164 | $96,392,179 |
| FY2024 | $6,314,142 | $4,176,927 | $81,942,593 |
| FY2023 | $61,569,718 | $5,160,954 | $76,375,123 |
| FY2022 | $9,239,646 | $6,103,120 | $17,394,204 |
| FY2021 | $5,253,152 | $5,320,092 | $18,054,338 |
| FY2020 | $3,422,864 | $5,044,234 | $16,179,566 |
| FY2019 | $4,035,918 | $6,438,569 | $18,266,037 |
| FY2018 | $7,452,286 | $4,692,530 | $22,663,562 |
| FY2017 | $6,236,506 | $5,663,395 | $26,947,614 |
| FY2016 | $4,783,048 | $4,632,375 | $28,936,497 |
| FY2015 | $5,485,598 | $4,394,633 | $31,367,340 |
| FY2014 | $5,459,232 | $6,200,193 | $34,315,096 |
| FY2013 | $4,956,089 | $5,557,278 | $34,724,147 |
| FY2012 | $9,069,951 | $7,174,749 | $36,345,721 |
Form 990 filings
The returns filed by The Endowment Fund of the Phi Kappa Psi Fraternity (EIN 36-6130655), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,936,261 | 50% |
| Program service revenue | $133,827 | 1% |
| Other revenue | $5,853,064 | 49% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $4,178,434 | 65% |
| Management & general | $1,122,482 | 17% |
| Fundraising | $1,160,248 | 18% |
What the numbers show
- Contributions & grants made up 50% of total revenue in FY2025.
- Program services accounted for 65% of functional expenses, management & general 17%, and fundraising 18%.
- 65% of functional expenses went to program services in FY2025. That is higher than 4.9% of 81 Education organizations in IN.
- Net assets covered about 179 months of expenses at the end of the reporting year. That puts it in the 91st percentile among 1090 Education organizations in IN.
- Total revenue was higher than 93.1% of 1109 Education organizations in IN.
- Total revenue rose from $9,069,951 in FY2012 to $11,923,152 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2013, FY2014, FY2019, FY2020, FY2021).
- The highest revenue on record here is $61,569,718 in FY2023.
- Net assets grew from $36,345,721 to $96,392,179 between FY2012 and FY2025.
- Contributions and grants made up 60% of revenue in FY2012 and 50% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO RAISE, INVEST, AND GRANT RESOURCES TO EQUIP EVERY BROTHER TO LEAD A PURPOSEFUL LIFE OF CHARACTER, SERVICE, AND IMPACT IN HIS COMMUNITY.
IRS status
| Ruling year | 1988 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B82 — Education (in IN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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