Torah Academy for Girls Shaarei Bina Inc

Analysis

Torah Academy for Girls Shaarei Bina Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in April 2005, 21 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 June 2023, Torah Academy for Girls Shaarei Bina Inc reported income of $2.0m and spending of $2.3m, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.0m (+15%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torah Academy for Girls Shaarei Bina Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Suncoast Preparatory Academy ($2.0m), Sycamore School ($2.0m) and Forging Opportunities for Refugees in America Inc NFP ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $266k, net assets of $898k. It reported 34 employees.