Nonprofit · EIN 86-1259655
SHARMA FOUNDATION
Tax-exempt · BENSALEM, PA 19020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $57,114 | $43,505 | $13,609 | $263,430 | $0 | $263,430 |
| December 31, 2024 | 990-PF | $39,647 | $25,220 | $14,427 | $249,883 | $0 | $249,883 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $41,000
- Dividends
- $1,689
- Interest
- $416
- Net gain from sales of assets
- $14,009
Expenses
- Grants and similar amounts paid
- $34,000
- Disbursements for charitable purposes
- $40,923
- Excise tax on investment income
- $128
Balance sheet and other
- Total assets, start of year
- $249,883
- Total assets, end of year
- $263,430
- Total liabilities, end of year
- $0
- Net assets, end of year
- $263,430
- Fair market value of assets
- $323,439
- Qualifying distributions
- $40,923
- Net investment income
- $16,114
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIDHARTH SHARMA 711 FARLEY ROAD, BENSALEM, PA 19020 | Executive Dir. | 0 | $0 |
| ARCHANA SHARMA 711 FARLEY ROAD, BENSALEM, PA 19020 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIDHARTH SHARMA 711 FARLEY ROAD, BENSALEM, PA 19020 | Executive Dir. | 0 | $0 |
| ARCHANA SHARMA 711 FARLEY ROAD, BENSALEM, PA 19020 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1370 ADAMS RD, BENSALEM, PA 19020-3913
- Signed the 990-PF
- SIDHARTH SHARMA, President
- Phone
- (215) 244-2589
- Return prepared by
- SHARE & HARRIS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 86-1259655
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $263,430
- Income (IRS master file)
- $250,177
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $132,935 | $22,879 | $235,421 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SHARMA FOUNDATION
- What is the EIN of SHARMA FOUNDATION?
- The employer identification number (EIN) of SHARMA FOUNDATION is 86-1259655.
- Is SHARMA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SHARMA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does SHARMA FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHARMA FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHARMA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SHARMA FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does SHARMA FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $57,114, expenses of $43,505 and total assets of $263,430 at year end.
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