Tau Sigma Inc
Analysis
Tau Sigma Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in March 2000, 26 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, Tau Sigma Inc reported income of $499k and spending of $483k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $521k to $499k (-4.2%), an average of -1.1% a year. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Tau Sigma Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Lynwood Partners Educational Foundation ($499k), Barrier Breakers Inc ($499k) and Strong Foundations Elementary School Inc ($499k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $103k. At year end it held assets of $1.1m against liabilities of $145k, net assets of $952k. It reported 3 employees.
Income and spending
Where the income comes from
- Program services 92%
- Other 8.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lynwood Partners Educational Foundation | Lynwood | $499k |
| Barrier Breakers Inc | Gaithersburg | $499k |
| Strong Foundations Elementary School Inc | Pembroke | $499k |
| Coastal School Ministries Inc | Myrtle Beach | $499k |