Sikh Sangat Society Boston Inc

Analysis

Sikh Sangat Society Boston Inc is a registered charity in United States, based in Everett, MA. It received its IRS tax-exemption ruling in March 2007, 19 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 2022, Sikh Sangat Society Boston Inc reported income of $399k and spending of $184k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2018 to December 2022, income grew from $351k to $399k (+14%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sikh Sangat Society Boston Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Dayspring Outreach Ministries ($399k), Patmos Global Ministries Inc ($399k) and Vuvivo Ministries ($398k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.