Yeshiva Har Torah

Analysis

Yeshiva Har Torah is a registered charity in United States, based in Little Neck, NY. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 Har Torah reported income of $13.3m and spending of $11.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $13.3m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yeshiva Har Torah 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 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Centro de Servicios Primarios de Sa Lud Inc ($13.3m), Hickory Point Christian Village ($13.3m) and Jackson Preparatory School Foundation ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 63% of the total. Other salaries and wages came to $7.3m. At year end it held assets of $39.1m against liabilities of $21.6m, net assets of $17.5m. It reported 178 employees.