Sikh Study Circle Inc

Analysis

Sikh Study Circle Inc is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in June 1982, 44 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 2020, Sikh Study Circle Inc reported income of $430k and spending of $203k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $296k to $430k (+45%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Study Circle Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Mamas Hands ($430k), Almira Manor of Greenville Inc ($431k) and Fort Wayne Park Foundation Inc ($430k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 6 employees.