Sikh Study Circle

Analysis

Sikh Study Circle is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sikh Study Circle reported income of $348k and spending of $261k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $432k to $348k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sikh Study Circle 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 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Small World Connections Ministry ($348k), My XP Inc ($348k) and International Great Faith Ministries Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $67k. It paid $21k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $257k, net assets of $1.7m. It reported 4 employees.