International School of Temple Arts

Analysis

International School of Temple Arts is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, International School of Temple Arts reported income of $928k and spending of $443k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $622k to $928k (+49%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 276%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International School of Temple Arts sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Love Inc of Lake County ($928k), Camp Longridge ($929k) and Islamic Association of Long Island Inc ($927k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $9,000 (2.0% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.