Sikh Temple Sacramento

Analysis

Sikh Temple Sacramento is a registered charity in United States, based in W Sacramento, CA. It received its IRS tax-exemption ruling in March 1985, 41 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 2022, Sikh Temple Sacramento reported income of $2.2m and spending of $1.5m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $1.7m to $2.2m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Temple Sacramento sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include National Law Center on Homelessness and Poverty ($2.2m), Eden South County Inc ($2.2m) and Apprenticeship Training Fund Local 138 ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $435k. At year end it held assets of $7.2m against liabilities of $2.2m, net assets of $5.0m. It reported 23 employees.