Sharika Foundation
Charitable organization · Markham, Ontario · BN 868284514RR0001 · Other Religions
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,628) as filed with the CRA.
Sharika Foundation is a charitable organization based in Markham, Ontario, classified by the CRA under other religions. In its fiscal year ending December 31, 2024, it reported $2,460 in revenue and $1,628 in expenditures.
Its funding that year was roughly 20% from donations.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 1 qualified donee totalling $26K in 2021, the largest being $26K to Canadian Red Cross. Revenue has declined over its filings on record here, from $4,063 in 2020 to $2,460 in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
1. To advance & teach the religious tenets doctrines observances & culture associated with the sharika foundation. 2. To establish maintain & support a place of worship with services conducted in accordance with the tenets & doctrines of sharika foundation. 3. Conducting youth & senior programs counseling to unemployed immigrants and social programs
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2,460 | $1,628 | — | — | — | $51K |
| 2023 | — | $1,254 | — | — | — | $50K |
| 2022 | $300 | $1,128 | — | — | — | $51K |
| 2021 | $24K | $27K | — | — | $26K | $52K |
| 2020 | $4,063 | $5,112 | — | — | — | $55K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2021
Granted $26K to 1 qualified donee:
- Canadian Red Cross$26K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Prateek Malla (president); Rakesh Kak (treasurer); Ashwani Bhat (general secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sharika Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 868284514RR0001), or read how we compute the receipt.