Yeshiva Ohavei Torah Riverdale Inc

Analysis

Yeshiva Ohavei Torah Riverdale Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yeshiva Ohavei Torah Riverdale Inc reported income of $3.6m and spending of $3.6m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.6m (+23%), an average of +5.3% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Ohavei Torah Riverdale Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Teachers Development Group ($3.6m), Ohm ($3.6m) and Creativity Colaboratory Charter School ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $85k (2.4% of expenses). At year end it held assets of $243k against liabilities of $515k, net assets of -$272k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.