Sikh Study Circle DFW Inc

Analysis

Sikh Study Circle DFW Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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, Sikh Study Circle DFW Inc reported income of $124k and spending of $82k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $124k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 64% 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 DFW Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include F O Butler State College Foundation ($124k), Fort Wayne Sister Cities International Inc ($124k) and Little League Baseball Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $778k against liabilities of $107k, net assets of $671k.