The Temple of Understanding Inc

Analysis

The Temple of Understanding Inc is a registered charity in United States, based in West Tisbury, MA. It received its IRS tax-exemption ruling in March 1961, 65 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 December 2023, The Temple of Understanding Inc reported income of $189k and spending of $188k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $189k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Temple of Understanding Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Friends of the Center Alliance Ltd ($189k), Linh Son Temple Dickinson TX Inc ($189k) and Lenox World Mission Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. At year end it held assets of $247k against liabilities of $144k, net assets of $104k.