Sikh Association of Baltimore Inc

Analysis

Sikh Association of Baltimore Inc is a registered charity in United States, based in Randallstown, MD. It received its IRS tax-exemption ruling in January 1983, 43 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 2021, Sikh Association of Baltimore Inc reported income of $507k and spending of $189k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $196k to $507k (+158%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 297%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Association of Baltimore Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Florham Park Memorial First Aid Squad Inc ($507k), Sisters of Mary of Kakamega ($507k) and Bible Pathway Ministries ($507k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $809k against liabilities of $301k, net assets of $508k. It reported 1 employees.