Saikat

Analysis

Saikat is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 1989, 37 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 December 2023, Saikat reported income of $176k and spending of $168k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $176k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saikat sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include National Society of the Colonial Dames of Amer in the State of de ($176k), Friends of Center Stage Youth Performers ($176k) and Gaspee Day Committee Inc ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 33% of the total. At year end it held assets of $196k against liabilities of $196k, net assets of $0.