Benevolence Temple

Analysis

Benevolence Temple is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benevolence Temple reported income of $1.9m and spending of $471k, leaving 76% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $110k to $1.9m (+1654%), an average of +160% a year. The sharpest change came in the year to December 2020, when income rose by 1354%. Over the whole period it spent 21% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Benevolence Temple 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 86th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include Mount Sequoyah Center Inc ($1.9m), Partners in Torah Inc ($1.9m) and St Paul Street Evangelization Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (6.8% of expenses). It paid $10k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $14k, net assets of $3.5m.