Philadelphia Sikh Society

Analysis

Philadelphia Sikh Society is a registered charity in United States, based in Upper Darby, PA. It received its IRS tax-exemption ruling in June 1991, 35 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 2023, Philadelphia Sikh Society reported income of $225k and spending of $211k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $233k to $225k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philadelphia Sikh Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Reese-Shackelford Foundation ($225k), Team Viac ($225k) and Road Runners Club of America ($225k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.