Shikabania Corporation

Analysis

Shikabania Corporation is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shikabania Corporation reported income of $224k and spending of $100k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $224k (+23%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shikabania Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Roots and Wings Forest School ($224k), Sigma Gamma Rho Sorority National Education Fund Inc ($224k) and Ambrose Parent Teacher Organization ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $4,809 (4.8% of expenses). Other salaries and wages came to $37k. At year end it held assets of $464k against liabilities of $0, net assets of $464k.