Beta Sigma Phi Charitable Foundation

Analysis

Beta Sigma Phi Charitable Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1971, 55 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 July 2023, Beta Sigma Phi Charitable Foundation reported income of $81k and spending of $334k, spending 413% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $15k to $81k (+450%), an average of +53% a year. The sharpest change came in the year to July 2020, when income rose by 1342%. Over the whole period it spent 338% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beta Sigma Phi Charitable Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within MO. Charities of a similar size with the same main cause include Creative Opportunities Unlimited ($81k), Sonora Raiders Baseball Boosters ($81k) and Living Truth Academy ($81k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 363% of the total. At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.