Beta Sigma Psi Educational Foundation

Analysis

Beta Sigma Psi Educational Foundation is a registered charity in United States, based in Shiloh, IL. It received its IRS tax-exemption ruling in January 1983, 43 years ago. 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 June 2024, Beta Sigma Psi Educational Foundation reported income of $152k and spending of $163k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $179k to $152k (-16%), an average of -4.1% a year. The sharpest change came in the year to June 2024, when income rose by 77%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beta Sigma Psi Educational Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Bishop Memorial Home 611 Middle St ($152k), North American Assoc of Summer Sessions ($152k) and The Kind Charities of Tennessee Inc ($152k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.