Association of Sikh Professionals

Analysis

Association of Sikh Professionals is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Association of Sikh Professionals reported income of $107k and spending of $28k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $107k (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association of Sikh Professionals sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Go Forth International Inc ($107k), Gomsc ($107k) and Rejoicing in Grace Ministries International Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% of the total. It paid $3,647 in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.