Temple Israel Foundation

Analysis

Temple Israel Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 1994, 32 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 June 2023, Temple Israel Foundation reported income of $974k and spending of $914k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $438k to $974k (+123%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 307%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Temple Israel Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Chesterton House Inc ($974k), David Institute of Shepherd ($975k) and Door of Hope Ministry Inc ($974k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $15.4m against liabilities of $373k, net assets of $15.0m.