House of the Temple Historic Preservation Foundation Inc

Analysis

House of the Temple Historic Preservation Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, House of the Temple Historic Preservation Foundation Inc reported income of $4.2m and spending of $3.1m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.2m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 323%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, House of the Temple Historic Preservation Foundation Inc 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 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Palace Performing Arts Center Inc ($4.2m), Denver Art Museum Foundation ($4.2m) and Kansas City Museum Foundation Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $410k (13% of expenses). Other salaries and wages came to $688k. At year end it held assets of $32.7m against liabilities of $2.6m, net assets of $30.1m.