Sigma Alpha Epsilon Foundation

Analysis

Sigma Alpha Epsilon Foundation is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in January 1930, 96 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 June 2023, Sigma Alpha Epsilon Foundation reported income of $3.3m and spending of $2.7m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.3m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 99%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Alpha Epsilon Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Baypoint Preparatory Academy ($3.3m), Center for Law and Human Values Inc ($3.3m) and Vermont Achievement Center Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 2.7% of the total. At year end it held assets of $23.5m against liabilities of $353k, net assets of $23.2m.