Sikh Center of New York Inc

Analysis

Sikh Center of New York Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in June 1973, 53 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 2022, Sikh Center of New York Inc reported income of $505k and spending of $409k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $372k to $505k (+36%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Center of New York Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Roper Mountain Science Center Association ($505k), Villagers for Veterans Inc ($505k) and Ewha Girls High School Alumnae Association of Southern California ($505k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $122k. At year end it held assets of $148k against liabilities of $0, net assets of $148k.