Friends of the Sinai Trust

Analysis

Friends of the Sinai Trust is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in April 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 (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, Friends of the Sinai Trust reported income of $429k and spending of $534k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $429k (-81%), an average of -34% a year. The sharpest change came in the year to December 2023, when income rose by 1513%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of the Sinai Trust sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Ablaze House of Prayer Inc ($429k), Il Muslim Civic Coalition ($430k) and Drug Free Dickson Coalition ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.