Yeshivat Chovevei Torah Rabbinical School Ltd

Analysis

Yeshivat Chovevei Torah Rabbinical School Ltd is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2001, 25 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 August 2023, Yeshivat Chovevei Torah Rabbinical School Ltd reported income of $3.2m and spending of $2.6m, spending 82% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $3.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to August 2021, when income rose by 84%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshivat Chovevei Torah Rabbinical School Ltd sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Prevention Network ($3.2m), Berkshire Country Day School Inc ($3.2m) and Nevada News Bureau Inc ($3.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $467k (18% of expenses). Other salaries and wages came to $626k. At year end it held assets of $6.0m against liabilities of $1.2m, net assets of $4.8m. It reported 15 employees.