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Sikap Foundation Inc

RegisteredEIN 82-5172659Sacramento, CAPoverty relief
Income$123k2024-06
Spending$113ksame year
Spent / received93%2-year average
Size in its cause37th pctPoverty relief
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Sikap Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Sikap Foundation Inc reported income of $123k and spending of $113k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $96k to $123k (+28%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sikap Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Continuing the Mission Inc ($123k), Global Academics Org ($123k) and S4p Synergy Inc ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.

Income and spending

$0$31k$61k$92k$123k2023 Income: $95,5002023 Spending: $89,99320232024 Income: $122,6962024 Spending: $113,1292024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Continuing the Mission IncDavidson$123k
Global Academics OrgOakland$123k
S4p Synergy IncFt Walton BCH$123k
Farms for Food EquityCape Eliz$123k