Sigma Pi Educational Foundation Inc

Analysis

Sigma Pi Educational Foundation Inc is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in November 2003, 23 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, Sigma Pi Educational Foundation Inc reported income of $1.1m and spending of $309k, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $370k to $1.1m (+208%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Pi Educational Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Pmmi Education & Training Foundation ($1.1m), Holy Trinity Episcopal School of Greater Houston Inc ($1.1m) and Northeast Louisiana Baptist School ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 1.6% of the total. It paid $22k in professional fundraising fees. At year end it held assets of $5.6m against liabilities of $15k, net assets of $5.6m.