Sicc Inc

Analysis

Sicc Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in September 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Sicc Inc reported income of $205k and spending of $193k, spending 94% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $205k to $205k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to March 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sicc Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include CPS Lives NFP ($205k), American Fund for Alternatives to Animal Research ($205k) and Narragansett Historical Society ($205k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $58k (30% of expenses). Other salaries and wages came to $68k. At year end it held assets of $77k against liabilities of $8,809, net assets of $69k. It reported 7 employees.