Tempe Impact Educational Foundation Inc

Analysis

Tempe Impact Educational Foundation Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Tempe Impact Educational Foundation Inc reported income of $225k and spending of $112k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $196k to $225k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 69%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tempe Impact Educational Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include Aspen Skiing Company Environment Foundation ($225k), Foundation of James Madison High School Inc ($225k) and Exodus Vision ($225k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.1m against liabilities of $3,191, net assets of $1.1m.