Pi Tau Sigma

Analysis

Pi Tau Sigma is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in November 1966, 60 years ago. 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 August 2023, Pi Tau Sigma reported income of $93k and spending of $88k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $117k to $93k (-21%), an average of -5.6% a year. The sharpest change came in the year to August 2020, when income dropped by 19%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pi Tau Sigma sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include Through the Archway Corp a Florida Not for Profit ($93k), PTA South Carolina Congress ($93k) and Stephen Volunteer Firemans Relief ($93k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 19% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.