Alpha XI of Sigma Chi Educational Foundation

Analysis

Alpha XI of Sigma Chi Educational Foundation is a registered charity in United States, based in Mission Hills, KS. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Alpha XI of Sigma Chi Educational Foundation reported income of $348k and spending of $200k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $348k (+498%), an average of +498% a year. The sharpest change came in the year to December 2023, when income rose by 498%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alpha XI of Sigma Chi Educational Foundation 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 64th percentile, and in the 65th percentile within KS. Charities of a similar size with the same main cause include Spur Inc ($348k), Frank and Nancy Parsons Foundation Inc ($348k) and Keatons Kindness Foundation ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $399k against liabilities of $12k, net assets of $387k.