Phi Eta Sigma National Honor Society Inc

Analysis

Phi Eta Sigma National Honor Society Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in September 2014, 12 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).

In the financial year ending June 2023, Phi Eta Sigma National Honor Society Inc reported income of $312k and spending of $339k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $510k to $312k (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 41%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phi Eta Sigma National Honor Society 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 64th percentile within AL. Charities of a similar size with the same main cause include Keene Valley Library Association ($312k), Prime Factor ($312k) and Bless Our Children ($312k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $865k against liabilities of $0, net assets of $865k.