Temple Beth Avodah Endowment Trust Fund

Analysis

Temple Beth Avodah Endowment Trust Fund is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Temple Beth Avodah Endowment Trust Fund reported income of $50k and spending of $110k, spending 217% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $50k (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Temple Beth Avodah Endowment Trust Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 28th percentile within MA. Charities of a similar size with the same main cause include History Heritage and Hope Foundation Inc ($50k), Anchor of Esperanza ($50k) and Party for a Cure Corporation ($50k).

At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.