Singh Foundation Inc

Analysis

Singh Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1994, 32 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, Singh Foundation Inc reported income of $687k and spending of $451k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $330k to $687k (+108%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Singh Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Machebeuf Apartments ($687k), Academy of Music Endowment Fund ($687k) and Educational Foundation of Alfred Inc ($687k).

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 $370k against liabilities of $0, net assets of $370k.