I Ams Temple Ministries

Analysis

I Ams Temple Ministries is a registered charity in United States, based in Plainfield, NJ. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, I Ams Temple Ministries reported income of $669k and spending of $665k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $653k to $669k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I Ams Temple Ministries sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Lake Lure Community Education Foundation ($669k), Learning Center Preschool of Evergreen Ltd ($669k) and Southwest Florida Library Network ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $481k. At year end it held assets of $670k against liabilities of $0, net assets of $670k. It reported 14 employees.