Sigma Kappa Foundation Inc

Analysis

Sigma Kappa Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 1989, 37 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 May 2024, Sigma Kappa Foundation Inc reported income of $1.7m and spending of $1.2m, leaving 29% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.7m to $1.7m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to May 2022, when income rose by 78%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Kappa Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Alignment Nashville Inc ($1.7m), S a I L S Incorporated ($1.7m) and Daily Pennsylvanian Inc ($1.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $141k (12% of expenses). Other salaries and wages came to $281k. At year end it held assets of $10.5m against liabilities of $303k, net assets of $10.2m. It reported 6 employees.