Delta Sigma Phi Foundation

Analysis

Delta Sigma Phi Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1958, 68 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, Delta Sigma Phi Foundation reported income of $1.3m and spending of $1.7m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.3m (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delta Sigma Phi Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Korda Institute for Teaching ($1.3m), Santa Ana College Foundation ($1.3m) and Sunrise Community Center ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $428k. At year end it held assets of $12.5m against liabilities of $194k, net assets of $12.3m.