Sscyc Inc

Analysis

Sscyc Inc is a registered charity in United States, based in Weymouth, MA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Sscyc Inc reported income of $102k and spending of $131k, spending 128% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income fell from $207k to $102k (-50%), an average of -13% a year. The sharpest change came in the year to September 2021, when income rose by 2030%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sscyc Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Life Lee Interfaith for Empowerment Corp ($102k), Tabernacle of Divine Glory Ministry ($102k) and Harvest Chinese Christian Church ($102k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $39k against liabilities of $107, net assets of $39k.