Synagogue Corporation

Analysis

Synagogue Corporation is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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 December 2023, Synagogue Corporation reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-2.4%), an average of -0.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Synagogue Corporation sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within VT. Charities of a similar size with the same main cause include Catholic Charities - Pinellas Village Inc ($1.1m), Umpqua College Foundation ($1.1m) and Sexual Assault Crisis Center of Eastern Connecticut Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $3.5m against liabilities of $2.4m, net assets of $1.1m.