Sephardic Foundation for Torah Studies Inc

Analysis

Sephardic Foundation for Torah Studies Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Sephardic Foundation for Torah Studies Inc reported income of $214k and spending of $394k, spending 184% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $199k to $214k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to August 2020, when income rose by 30%. Over the whole period it spent 144% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sephardic Foundation for Torah Studies Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Margin of Change Foundation ($214k), Yallwest ($214k) and Woodrow Wilson High School Community Foundation Inc ($214k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.