Guru Angad Institute of Sikh Studies

Analysis

Guru Angad Institute of Sikh Studies is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Guru Angad Institute of Sikh Studies reported income of $159k and spending of $172k, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $171k to $159k (-6.8%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Guru Angad Institute of Sikh Studies sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Franklin Elementary School Parent Teacher Club Inc ($159k), Gina Rose Montalto Memorial Foundation Inc ($159k) and Wayne County Public Library Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $10k (6.0% of expenses). At year end it held assets of $636k against liabilities of $344k, net assets of $292k.