Sigma Gamma Association

Analysis

Sigma Gamma Association is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in November 1985, 41 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 Association reported income of $100k and spending of $103k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $100k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Gamma Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Great 100 Inc ($100k), Summit County Library Foundation ($100k) and Ej Farm and Educational Services ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 150% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.