Alpha Sigma Phi Foundation Inc

Analysis

Alpha Sigma Phi Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Alpha Sigma Phi Foundation Inc reported income of $1.1m and spending of $1.4m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.1m (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Sigma Phi Foundation Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include PTA of PS 261k ($1.1m), Citrus County Education Foundation Inc ($1.1m) and JC Enrichment Programs Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $14.2m against liabilities of $148k, net assets of $14.1m.