Phi Kappa Tau Fraternity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 334,581 | 312,925 | 21,656 | 6.6 | 9% |
| 2022 | 288,973 | 403,421 | −114,448 | 1.8 | 10% |
| 2023 | 278,372 | 292,402 | −14,030 | 1.8 | 14% |
| 2024 | 376,003 | 379,387 | −3,384 | 1.3 | 14% |
In its most recent public year (2024), this organization spent $3,384 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 6.6 in 2021. Staff pay was 14% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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