A Torah Infertility Medium of Exchange

Analysis

A Torah Infertility Medium of Exchange is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, A Torah Infertility Medium of Exchange reported income of $7.7m and spending of $7.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $7.7m (+106%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Torah Infertility Medium of Exchange sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Power to Decide ($7.7m), Bronx House Inc ($7.7m) and Hope Through Housing Foundation ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 142% of the total. Compensation of current officers, directors and key employees was $173k (2.4% of expenses). Other salaries and wages came to $368k. At year end it held assets of $4.9m against liabilities of $533k, net assets of $4.4m. It reported 18 employees.