Yeshivat Ohel Torah

Analysis

Yeshivat Ohel Torah is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Yeshivat Ohel Torah reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.2m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2020, when income rose by 73%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshivat Ohel Torah sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include JH Israel ($3.2m), Bibles for the World ($3.2m) and Ner Gavriel Fund Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $235k (7.4% of expenses). Other salaries and wages came to $929k. At year end it held assets of $8.1m against liabilities of $2.3m, net assets of $5.7m. It reported 47 employees.