Torah Lishmah Institute Inc

Analysis

Torah Lishmah Institute Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Torah Lishmah Institute Inc reported income of $109k and spending of $239k, spending 218% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $86k to $109k (+28%), an average of +5.0% a year. The sharpest change came in the year to August 2024, when income rose by 2706%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Torah Lishmah Institute Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Anglican Theological Review Inc ($109k), Westminster Preservation Trust Incorporated ($109k) and Rogers Street Fishing Village Inc ($109k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $174k (73% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.