Tifereth Israel Synagogue Foundation

Analysis

Tifereth Israel Synagogue Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Tifereth Israel Synagogue Foundation reported income of $71k and spending of $33k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $71k (-63%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tifereth Israel Synagogue Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include 200 Club of Ocean County Inc ($71k), Friends of the Library Inc ($71k) and Shenandoah Valley Choral Society ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.