Yeshiva Shaare Torah Inc

Analysis

Yeshiva Shaare Torah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Yeshiva Shaare Torah Inc reported income of $19.1m and spending of $19.1m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $19.9m to $19.1m (-3.8%), an average of -1.3% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Shaare Torah Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Redlands Christian School ($19.1m), Central Piedmont Community College Foundation Inc ($19.1m) and Eagle Ridge Academy ($19.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $130k (0.7% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $31.6m against liabilities of $26.7m, net assets of $4.9m. It reported 419 employees.