Sycamore Glen Inc

Analysis

Sycamore Glen Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in January 1992, 34 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, Sycamore Glen Inc reported income of $538k and spending of $538k, spending 100% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $343k to $538k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sycamore Glen Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Shreveport Bar Foundation Pro Bono Project ($538k), West Shore Bureau of Fire ($538k) and Irvington Volunteer Ambulance Corps Inc ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. At year end it held assets of $4.7m against liabilities of $5.0m, net assets of -$307k.