Ohr Torah Stone Institutions of Isr Ael

Analysis

Ohr Torah Stone Institutions of Isr Ael is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1985, 41 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, Ohr Torah Stone Institutions of Isr Ael reported income of $9.4m and spending of $8.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.1m to $9.4m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ohr Torah Stone Institutions of Isr Ael sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Brahmananda Saraswati Yagya Foundation ($9.3m), Christian Television Corporation Inc ($9.5m) and Simchat Torah Beit Midrash ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $265k (3.1% of expenses). Other salaries and wages came to $369k. It paid $184k in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $343k, net assets of $3.5m. It reported 6 employees.