Tolerance Foundation

Analysis

Tolerance Foundation is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tolerance Foundation reported income of $1.7m and spending of $967k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $1.7m (+482%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tolerance Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Daystar Baptist Missions Inc ($1.7m), Faiz-E-Husaini America ($1.7m) and Trout Creek Bible Camp Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Other salaries and wages came to $501k. At year end it held assets of $6.9m against liabilities of $3.9m, net assets of $2.9m. It reported 15 employees.