Tau Mu Sigma Phi USA Foundation Inc

Analysis

Tau Mu Sigma Phi USA Foundation Inc is a registered charity in United States, based in Jerseyville, IL. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tau Mu Sigma Phi USA Foundation Inc reported income of $236k and spending of $164k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $236k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tau Mu Sigma Phi USA Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Central Pennsylvania July 4th Inc ($236k), Baton Rouge Epicurean Society LLC ($236k) and All Star Equestrian Foundation Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $613k against liabilities of $0, net assets of $613k.