Chi Psi Fraternity
Public records raise at least one point you should look into before giving.
What it says it does
TO ADVANCE THE INTELLECTUAL, MORAL, AND SOCIAL LIVES OF ITS MEMBERS; TO FOSTER BROTHERHOOD BY BETTERING OURSELVES, OUR UNIVERSITY, AND OUR NATION; AND TO DEVELOP TRUE GENTLEMEN IN EVERY SENSE OF THE WORD. THE ORGANIZATIONS SIGNIFICANT ACTIVITIES INVOLVE PROVIDING HOUSING AND FOOD FOR MANY OF OUR MEMBERS, ENGAGING IN PHILANTHROPIC ACTIVITIES, PROVIDING MEMBERS WITH LEADERSHIP AND LEARNING OPPORTUNITIES (WITHIN AND OUTSIDE THE FRATERNITY) AND HOLDING SOCIAL EVENTS.
- Income
- $752,103
- Spending
- $730,253
- Employees
- 0
- Volunteers
- 100
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- PROVISION OF ROOM AND BOARD TO THE ORGANIZATION'S ACTIVE MEMBERS. ALL CURRENT OR "ACTIVE" MEMBERS OF THE ORGANIZATION ARE FULL-TIME STUDENTS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. BOARDING IS PROVIDED IN ORDER TO FOSTER COMMUNITY, BROTHERHOOD, AND SCHOLARSHIP IN AN AFFORDABLE, COMMUNAL SETTING FOR THE MEMBERS.
- PROVISION OF MEALS TO ORGANIZATION MEMBERS. COMMUNAL MEALS ARE PROVIDED IN ORDER TO FOSTER BROTHERHOOD AND FRATERNITY.
- PARTICIPATION IN ACTIVITIES FOCUSED ON COMMUNITY INVOLVEMENT AND IMPROVEMENT. EXAMPLES INCLUDE PROVIDING PHYSICAL VOLUNTEERS IN THE FORM OF THE MEMBERS, BUT ALSO HOLDING PHILANTHROPIC EVENTS THAT ALLOW MEMBERS TO RAISE MONEY FOR CHARITIES. PARTICIPATION IS FREQUENTLY RELATED TO EVENTS HELD BY THE CHARITIES FOR WHICH THE ORGANIZATION RAISES MONEY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(7) social or recreational club.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2014 for not filing returns for three years, and reinstated on November 15, 2014.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(7) social or recreational club as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1947.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.