Allen Temple Development Corporation No 2

Analysis

Allen Temple Development Corporation No 2 is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 September 2023, Allen Temple Development Corporation No 2 reported income of $1.1m and spending of $941k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $1.1m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to September 2020, when income dropped by 23%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allen Temple Development Corporation No 2 sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Colloqate Design ($1.1m), New Mexico Wildlife Federation ($1.1m) and Lifeway Center Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. At year end it held assets of $1.0m against liabilities of $2.1m, net assets of -$1.1m.