Alpha Phi Sigma Inc

Analysis

Alpha Phi Sigma Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Alpha Phi Sigma Inc reported income of $483k and spending of $548k, spending 114% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from $490k to $483k (-1.4%), an average of -0.5% a year. The sharpest change came in the year to March 2022, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Phi Sigma Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Mba Student Association at Unc Kenan-Flagler ($483k), Southeast Regional Training Center Inc ($483k) and Deer Valley Charter Schools Inc ($483k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $141k (26% of expenses). Other salaries and wages came to $110k. At year end it held assets of $1.7m against liabilities of $24k, net assets of $1.6m. It reported 5 employees.