Niagara Sikh Association

Analysis

Niagara Sikh Association is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in June 2008, 18 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 2023, Niagara Sikh Association reported income of $73k and spending of $72k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $73k (+6.1%), an average of +6.1% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Niagara Sikh Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Suvoner Inc ($73k), Chinmaya Mission Tampa Bay Inc ($73k) and Kingdom Warriors ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $194k against liabilities of $72k, net assets of $122k.