Sikh Society of Wisconsin-Madison Ltd

Analysis

Sikh Society of Wisconsin-Madison Ltd is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in December 1999, 27 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, Sikh Society of Wisconsin-Madison Ltd reported income of $155k and spending of $143k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $155k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sikh Society of Wisconsin-Madison Ltd sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Zero Gravity Outreach ($155k), House of Hope-New Hampshire Inc ($155k) and Y S Mission ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $19k (13% of expenses). At year end it held assets of $1.9m against liabilities of $938k, net assets of $994k. It reported 2 employees.