Sigma Phi Educational Foundation Inc

Analysis

Sigma Phi Educational Foundation Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sigma Phi Educational Foundation Inc reported income of $96k and spending of $37k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $96k (+112%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 1150%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sigma Phi Educational Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within AZ. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($96k), Mad Horse Theatre Company ($96k) and One to One International ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $634k against liabilities of $0, net assets of $634k.