Sifma Foundation for Investor Education Fie Inc

Analysis

Sifma Foundation for Investor Education Fie Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 October 2023, Sifma Foundation for Investor Education Fie Inc reported income of $5.2m and spending of $5.4m, spending 102% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.3m to $5.2m (+57%), an average of +12% a year. The sharpest change came in the year to October 2020, when income rose by 37%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sifma Foundation for Investor Education Fie Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Worcester Natural History Society ($5.2m), NBCC Foundation Inc ($5.2m) and Colorado Public Television Inc ($5.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 88% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $495k (9.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $10.3m against liabilities of $784k, net assets of $9.5m. It reported 14 employees.

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.