Temple Solel Enfowment Foundation

Analysis

Temple Solel Enfowment Foundation is a registered charity in United States, based in Paradise Vly, AZ. It received its IRS tax-exemption ruling in August 2020, 6 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Temple Solel Enfowment Foundation reported income of $122k and spending of $195k, spending 160% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $6.0m to $122k (-98%), an average of -54% a year. The sharpest change came in the year to December 2019, when income dropped by 95%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Temple Solel Enfowment Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within AZ. Charities of a similar size with the same main cause include Pontiac Free Library Association ($122k), Folds of Honor Foundation ($122k) and Soroptimist International of the Americas Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 15% of the total. At year end it held assets of $7.0m against liabilities of $0, net assets of $7.0m.