Psi Chi The International Honor Society In Psychology
EIN: 530232247 · Chattanooga, TN
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.3M |
| Net Assets | $4.4M |
Is Psi Chi The International Honor Society In Psychology Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Psi Chi The International Honor Society In Psychology
Psi Chi The International Honor Society In Psychology (EIN: 530232247) is a nonprofit organization based in Chattanooga, TN. The organization reported total revenue of $4.3M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Psi Chi The International Honor Society In Psychology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Psi Chi The International Honor Society In Psychology is a mid-size nonprofit that has been operating for 69 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-526,428 |
| Total Assets | $5.0M |
| Total Liabilities | $618K |
| Net Assets | $4.4M |
| Operating Margin | -30.0% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 26.4 months |
Financial Health Grade: B
In 2023, Psi Chi The International Honor Society In Psychology reported a deficit of $526K with expenses exceeding revenue, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Psi Chi The International Honor Society In Psychology's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.2% | +5.9% | +9.0% |
| 2022 | -23.6% | +19.8% | -21.9% |
| 2021 | +44.7% | -5.2% | +27.5% |
| 2020 | -13.5% | -11.1% | -0.5% |
| 2019 | -3.8% | +4.7% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Psi Chi The International Honor Society In Psychology has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Psi Chi The International Honor Society In Psychology with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $526K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.3%.
Frequently Asked Questions about Psi Chi The International Honor Society In Psychology
Is Psi Chi The International Honor Society In Psychology a legitimate charity?
Psi Chi The International Honor Society In Psychology (EIN: 530232247) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. Financial health grade: B.
How does Psi Chi The International Honor Society In Psychology spend its money?
Psi Chi The International Honor Society In Psychology reported $4.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Psi Chi The International Honor Society In Psychology tax-deductible?
Psi Chi The International Honor Society In Psychology is registered as a tax-exempt nonprofit (EIN: 530232247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Psi Chi The International Honor Society In Psychology located?
Psi Chi The International Honor Society In Psychology is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 530232247.
How many years of IRS 990 filings does Psi Chi The International Honor Society In Psychology have?
Psi Chi The International Honor Society In Psychology has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Filing History
IRS 990 filing history for Psi Chi The International Honor Society In Psychology showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Psi Chi The International Honor Society In Psychology's revenue has grown by 27.9%, moving from $1.4M to $1.8M. Total assets decreased by 2% over the same period, from $5.1M to $5.0M. Total functional expenses rose by 62.1%, from $1.4M to $2.3M. In its most recent filing year (2023), Psi Chi The International Honor Society In Psychology reported a deficit of $526K, with expenses exceeding revenue. The organization holds $618K in liabilities against $5.0M in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.3M | $5.0M | $618K | — | View 990 |
| 2022 | $1.7M | $2.2M | $4.6M | $250K | — | View 990 |
| 2021 | $2.2M | $1.8M | $5.9M | $229K | — | — |
| 2020 | $1.6M | $1.9M | $4.6M | $428K | — | View 990 |
| 2019 | $1.8M | $2.1M | $4.6M | $139K | — | View 990 |
| 2018 | $1.9M | $2.0M | $4.9M | $136K | — | View 990 |
| 2017 | $1.9M | $1.9M | $4.8M | $86K | — | View 990 |
| 2016 | $1.7M | $2.0M | $4.6M | $102K | — | View 990 |
| 2015 | $1.9M | $2.1M | $5.1M | $103K | — | View 990 |
| 2014 | $1.7M | $1.9M | $5.4M | $66K | — | View 990 |
| 2013 | $1.4M | $1.6M | $5.2M | $119K | — | View 990 |
| 2012 | $1.3M | $1.6M | $4.9M | $68K | — | View 990 |
| 2011 | $1.4M | $1.4M | $5.1M | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.3M, and assets of $5.0M (revenue +2.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.2M, and assets of $4.6M (revenue -23.6% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $5.9M (revenue +44.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.9M, and assets of $4.6M (revenue -13.5% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.1M, and assets of $4.6M (revenue -3.8% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.0M, and assets of $4.9M (revenue -0.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $4.8M (revenue +11.2% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.0M, and assets of $4.6M (revenue -10.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.1M, and assets of $5.1M (revenue +12.5% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.9M, and assets of $5.4M (revenue +16.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.6M, and assets of $5.2M (revenue +9.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.6M, and assets of $4.9M (revenue -3.9% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Psi Chi The International Honor Society In Psychology:
Data Sources and Methodology
This transparency report for Psi Chi The International Honor Society In Psychology is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.