Central Jersey Sikh Association Inc

Analysis

Central Jersey Sikh Association Inc is a registered charity in United States, based in Windsor, NJ. It received its IRS tax-exemption ruling in November 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Jersey Sikh Association Inc reported income of $943k and spending of $431k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $943k (+113%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Jersey Sikh Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Wauhatchie School Inc ($943k), Logan Square Elderly Housing Corporation ($943k) and District 214 Education Foundation ($943k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $3.5m against liabilities of $450k, net assets of $3.1m. It reported 1 employees.