Sinai Temple Endowment Trust

Analysis

Sinai Temple Endowment Trust is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in January 1979, 47 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sinai Temple Endowment Trust reported income of $149k and spending of $104k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $172k to $149k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income rose by 397%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sinai Temple Endowment Trust sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include CLC Properties Inc ($149k), Eaton Leadership Foundation ($149k) and Family of God Fellowship Church Inc ($149k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $2.5m against liabilities of $544k, net assets of $1.9m.