Sigma Zeta Foundation Inc

Analysis

Sigma Zeta Foundation Inc is a registered charity in United States, based in East Point, GA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2023, Sigma Zeta Foundation Inc reported income of $84k and spending of $80k, spending 95% of its income. Across the 2 years on record, from March 2022 to March 2023, income fell from $128k to $84k (-34%), an average of -34% a year. The sharpest change came in the year to March 2023, when income dropped by 34%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sigma Zeta Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Amazing Gracies Gift Foundation ($84k), Greenbrier County Health Alliance ($84k) and Cook County Physicians Association Inc ($84k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 22% and program service revenue 1.8% of the total. At year end it held assets of $490k against liabilities of $950, net assets of $489k.