Sigma Alpha Foundation Inc

Analysis

Sigma Alpha Foundation Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in November 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sigma Alpha Foundation Inc reported income of $50k and spending of $50k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $35k to $50k (+43%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sigma Alpha Foundation Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include ALS Neversurrender Foundation ($50k), A P P N A-Ohio ($50k) and Foundation to Cure Paralysis Inc ($50k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,808 against liabilities of $1,851, net assets of -$43.