Torat Chesed TR

Analysis

Torat Chesed TR is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Torat Chesed TR reported income of $319k and spending of $287k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $319k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Torat Chesed TR sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Breathestrong CF Inc ($319k), Clearwater-Clear Lake Food Shelf ($319k) and Pawnee City Community Foundation ($318k).

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 $98k against liabilities of $0, net assets of $98k.