Sigma Tau Gamma Foundation Inc

Analysis

Sigma Tau Gamma Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in June 1974, 52 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 2023, Sigma Tau Gamma Foundation Inc reported income of $297k and spending of $360k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $379k to $297k (-21%), an average of -5.9% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sigma Tau Gamma Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Westminster AFC Inc ($297k), Embright Education ($297k) and Eskymo Fan Club ($297k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $93k. It paid $3,558 in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $30k, net assets of $2.7m.