Sigma Chi Building Foundation

Analysis

Sigma Chi Building Foundation is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Sigma Chi Building Foundation reported income of $90k and spending of $85k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $61k to $90k (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 167%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sigma Chi Building Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MT. Charities of a similar size with the same main cause include San Diego Book Arts ($90k), Hallet Oak Foundation ($90k) and Missouri Dance Team Association ($90k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 14% of the total. At year end it held assets of $1.6m against liabilities of $260k, net assets of $1.3m.