Honeymoon Israel Foundation Inc

Analysis

Honeymoon Israel Foundation Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in October 2014, 12 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 August 2023, Honeymoon Israel Foundation Inc reported income of $11.0m and spending of $11.3m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.6m to $11.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to August 2023, when income rose by 114%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Honeymoon Israel Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Unfoldingword ($11.0m), Usatransform ($11.1m) and Global Media Outreach ($11.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $528k (4.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.3m against liabilities of $1.9m, net assets of $2.5m. It reported 36 employees.