Sikh Research Institute Sri
Analysis
Sikh Research Institute Sri is a registered charity in United States, based in Hackettstown, NJ. It received its IRS tax-exemption ruling in December 2003, 23 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, Sikh Research Institute Sri reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $954k to $1.2m (+25%), an average of +5.8% a year. 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 Research Institute Sri sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include National Christian Network Inc ($1.2m), Union Baptist Association ($1.2m) and Clydehurst Christian Ranch Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $318k (28% of expenses). Other salaries and wages came to $126k. At year end it held assets of $2.8m against liabilities of $17k, net assets of $2.8m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 1.5%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Christian Network Inc | Cocoa | $1.2m |
| Union Baptist Association | Houston | $1.2m |
| Clydehurst Christian Ranch Inc | Billings | $1.2m |
| Array of Hope Inc | Old Tappan | $1.2m |