Beta Gamma Sigma Inc

Analysis

Beta Gamma Sigma Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1988, 38 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 June 2023, Beta Gamma Sigma Inc reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.9m (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. 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, Beta Gamma Sigma Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Acimco ($1.9m), New Harvest Educational Centers ($1.9m) and To Be Honest Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $175k (9.7% of expenses). Other salaries and wages came to $606k. At year end it held assets of $4.8m against liabilities of $404k, net assets of $4.4m. It reported 13 employees.