Sikh Foundation of Milpitas

Analysis

Sikh Foundation of Milpitas is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2022, Sikh Foundation of Milpitas reported income of $172k and spending of $159k, spending 93% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $158k to $172k (+8.7%), an average of +2.8% a year. The sharpest change came in the year to September 2020, when income rose by 47%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sikh Foundation of Milpitas sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include SD Crescentwood Services ($172k), Tres Dias of North Georgia Inc ($172k) and Common Grace-Love Inc ($172k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,600. At year end it held assets of $1.5m against liabilities of $626k, net assets of $843k. It reported 1 employees.