Guru Nanak Sikh Heritage Inc

Analysis

Guru Nanak Sikh Heritage Inc is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Guru Nanak Sikh Heritage Inc reported income of $620k and spending of $304k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $620k (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guru Nanak Sikh Heritage Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Fundacion 4 Inc ($620k), Tony Stewart Foundation Inc ($620k) and Grace Place Properties ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $65k. At year end it held assets of $3.4m against liabilities of $1.2m, net assets of $2.2m.