Sidhpur Foundation

Analysis

Sidhpur Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sidhpur Foundation reported income of $100k and spending of $337k, spending 336% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $100k (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 171% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sidhpur Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Residential Resources Development Corporation ($100k), Put on a Smile Inc ($100k) and Sheridan Community Education Foundation Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 44% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.7m against liabilities of $2,370, net assets of $1.7m. It reported 1 employees.