Phi Sigma Sigma Foundation Inc

Analysis

Phi Sigma Sigma Foundation Inc is a registered charity in United States, based in Eldersburg, MD. It received its IRS tax-exemption ruling in March 2007, 19 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 2024, Phi Sigma Sigma Foundation Inc reported income of $662k and spending of $645k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $877k to $662k (-24%), an average of -6.8% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phi Sigma Sigma Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Georgia Piedmont Technical College Foundation Inc ($662k), Andrew L Hicks Jr Foundation ($662k) and Syntiro ($662k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $4.3m against liabilities of $161k, net assets of $4.1m.