Baba Makhan Shah Lobana Sikh Center Inc

Analysis

Baba Makhan Shah Lobana Sikh Center Inc is a registered charity in United States, based in S Richmond HL, NY. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2018, Baba Makhan Shah Lobana Sikh Center Inc reported income of $1.2m and spending of $986k, spending 85% of its income. Across the 3 years on record, from December 2014 to December 2018, income grew from $659k to $1.2m (+77%), an average of +33% a year. The sharpest change came in the year to December 2018, when income rose by 78%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Baba Makhan Shah Lobana Sikh Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Stonecrest Home Arts Inc ($1.2m), World Outreach Ministries Foundation ($1.2m) and Impact Others Inc ($1.2m).

On its Form 990 for the period ending December 2018, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.