Sikh Religious Society of Wisconsin

Analysis

Sikh Religious Society of Wisconsin is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in July 1978, 48 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, Sikh Religious Society of Wisconsin reported income of $531k and spending of $279k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $85k to $531k (+525%), an average of +84% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Religious Society of Wisconsin sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Middlebury Volunteer Fire Department Inc ($531k), New Hope Arts Inc ($531k) and Newton County Community Services Inc ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m. It reported 6 employees.