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Sikh Research Institute Sri

RegisteredEIN 41-2090424Hackettstown, NJReligion
Income$1.2m2023-12
Spending$1.1msame year
Spent / received73%5-year average
Size in its cause93rd pctReligion
Exempt since2003Publicly supported organisat
Employees6latest return

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

$0$302k$603k$905k$1.2m2019 Income: $953,5382019 Spending: $720,96420192020 Income: $1,054,0642020 Spending: $684,49520202021 Income: $1,199,5832021 Spending: $724,00920212022 Income: $1,206,0282022 Spending: $867,67120222023 Income: $1,195,8332023 Spending: $1,121,6792023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 1.5%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
National Christian Network IncCocoa$1.2m
Union Baptist AssociationHouston$1.2m
Clydehurst Christian Ranch IncBillings$1.2m
Array of Hope IncOld Tappan$1.2m