Sigma Theta Tau International Inc

Analysis

Sigma Theta Tau International Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1954, 72 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 2024, Sigma Theta Tau International Inc reported income of $14.3m and spending of $14.5m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $14.4m to $14.3m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Theta Tau International Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Lee Montessori Public Charter School ($14.3m), Calvin Coolidge Presidential Fund Inc ($14.3m) and Bais Tova Inc ($14.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $792k (5.5% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $54.1m against liabilities of $25.4m, net assets of $28.7m. It reported 87 employees.