Sikh Society of Indiana Inc

Analysis

Sikh Society of Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sikh Society of Indiana Inc reported income of $94k and spending of $94k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $115k to $94k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sikh Society of Indiana Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Shri Guru Nanak Dev Sikh Society of USA Incorporated ($94k), Bridge City Community ($94k) and Love in Action Incorporated ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $312k against liabilities of $220k, net assets of $91k.