Iota Phi Theta Fraternity Revenue and Competitors

Iota Phi Theta Fraternity, Incorporated (ΙΦΘ) is a nationally incorporated, historically African-American, collegiate fraternity whose purpose is the development and perpetuation of Scholarship, Leadership, Citizenship, Fidelity and Brotherhood among Men. It was founded on September 19, 1963 at Morgan State University (then Morgan State College) in Baltimore, Maryland. At present, it consists of over 70,000 members. There are currently over 300 undergraduate and alumni chapters, as well as colonies located in 40 U.S. states, the District of Columbia, The Bahamas, Colombia, South Korea, and Japan. The fraternity holds membership in the National Pan-Hellenic Council (NPHC), an umbrella organization comprising nine international historically African-American Greek letter sororities and fraternities, and the North-American Interfraternity Conference (NIC).