Sibyl Temple Foundation Inc

Analysis

Sibyl Temple Foundation Inc is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in November 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sibyl Temple Foundation Inc reported income of $62k and spending of $38k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27k to $62k (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sibyl Temple Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Central Lakes Concert Association ($62k), Baler Band Boosters Club ($62k) and Mov2go Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.