Sikh Foundation of Virginia

Analysis

Sikh Foundation of Virginia is a registered charity in United States, based in Fairfax Sta, VA. It received its IRS tax-exemption ruling in October 1981, 45 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 Foundation of Virginia reported income of $293k and spending of $176k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $281k to $293k (+4.3%), an average of +2.1% a year. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sikh Foundation of Virginia sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Catahoula Council on the Aging Inc ($293k), Atchison County Multi-Purpose Center ($293k) and Little League Baseball Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $54k. At year end it held assets of $2.1m against liabilities of $355k, net assets of $1.7m. It reported 3 employees.