Sigma Gamma Rho Sorority National Education Fund Inc

Analysis

Sigma Gamma Rho Sorority National Education Fund Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1986, 40 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 December 2023, Sigma Gamma Rho Sorority National Education Fund Inc reported income of $224k and spending of $197k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $224k (+336%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 712%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Gamma Rho Sorority National Education Fund Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Shikabania Corporation ($224k), Griffin-Spalding Partners in Education Inc ($224k) and Roots and Wings Forest School ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.