The Sfig Foundation Inc

Analysis

The Sfig Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Sfig Foundation Inc reported income of $100k and spending of $53k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $319k to $100k (-69%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Sfig Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 18th percentile within DC. Charities of a similar size with the same main cause include South Carolina Congress of Parents and Teachers ($100k), Women in Medicine Inc ($100k) and American Association of Blacks in Energy-Michigan Chapter ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.