Phi Sigma Pi Foundation

Analysis

Phi Sigma Pi Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in August 2006, 20 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, Phi Sigma Pi Foundation reported income of $51k and spending of $9,221, leaving 82% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $51k (+4.8%), an average of +4.8% a year. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phi Sigma Pi Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Yau High School Sciences Awards Overseas Inc ($51k), Churchill Music Boosters Association ($51k) and Education for a Bright Future - Tanzania ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $374k against liabilities of $0, net assets of $374k.