Yeshiva Tiferes Boruch Inc

Analysis

Yeshiva Tiferes Boruch Inc is a registered charity in United States, based in North Plainfield, NJ. It received its IRS tax-exemption ruling in February 1992, 34 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 July 2023, Yeshiva Tiferes Boruch Inc reported income of $1.9m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.4m to $1.9m (+37%), an average of +8.3% a year. The sharpest change came in the year to July 2021, when income rose by 115%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yeshiva Tiferes Boruch Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Rocky Mountain Behavioral Health Inc ($1.9m), YWCA of Bradford ($1.9m) and Lifehouse of Houston Inc ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 35% and program service revenue 22% of the total. Other salaries and wages came to $301k. At year end it held assets of $5.4m against liabilities of $858k, net assets of $4.6m.