Toras Chaim Inc

Analysis

Toras Chaim Inc is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Toras Chaim Inc reported income of $290k and spending of $251k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $228k to $290k (+27%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Toras Chaim Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Ohr Torah Inc ($290k), Called to Life International Inc ($290k) and New Life Ministries Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $4,480, net assets of $33k.