American Committee for the Adv of Torah Education in Israel Inc

Analysis

American Committee for the Adv of Torah Education in Israel Inc is a registered charity in United States, based in Deep River, CT. It received its IRS tax-exemption ruling in December 1977, 49 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, American Committee for the Adv of Torah Education in Israel Inc reported income of $469k and spending of $503k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $469k (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 122%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Committee for the Adv of Torah Education in Israel Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Vantage Leadership Initiative ($469k), Heritage Christian School of San Diego ($469k) and Reconciliation Ministries International Inc ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $308k against liabilities of $0, net assets of $308k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.