Sikh Center San Francisco Bay Area

Analysis

Sikh Center San Francisco Bay Area is a registered charity in United States, based in El Sobrante, CA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sikh Center San Francisco Bay Area reported income of $1.5m and spending of $918k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Center San Francisco Bay Area sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Virginia Rural Water Association ($1.5m), Foundation for Edmonds School District ($1.5m) and Boys & Girls Club of Johnson County Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $12.7m against liabilities of $5.3m, net assets of $7.3m.