Friends of Talmudic Studies Inc

Analysis

Friends of Talmudic Studies Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1999, 27 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, Friends of Talmudic Studies Inc reported income of $131k and spending of $165k, spending 126% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $479k to $131k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Talmudic Studies Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Foundation for a Greater Greenwood County Inc ($131k), Johnnys Jog for Charity Inc ($131k) and The Alex Fund Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.