Sikh Temple of Wisconsin Inc

Analysis

Sikh Temple of Wisconsin Inc is a registered charity in United States, based in Oak Creek, WI. It received its IRS tax-exemption ruling in April 2001, 25 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 Temple of Wisconsin Inc reported income of $523k and spending of $368k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $25k to $523k (+1992%), an average of +176% a year. The sharpest change came in the year to December 2021, when income rose by 1492%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sikh Temple of Wisconsin Inc sits at the 84th percentile: it is larger than about 84% 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 Missioners of Christ ($523k), Volunteer Christian Television Inc ($523k) and Disciple Christian Motorcycle Company ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (22% of expenses). At year end it held assets of $3.7m against liabilities of $582k, net assets of $3.1m. It reported 5 employees.