Zeta Sigma Foundation Inc

Analysis

Zeta Sigma Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Zeta Sigma Foundation Inc reported income of $89k and spending of $119k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $89k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zeta Sigma Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Keene Lions Foundation ($89k), Bongolo Friends Inc ($89k) and Jay Uiberall Foundation ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k.