Talmud Tora Tzfat Inc

Analysis

Talmud Tora Tzfat Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Talmud Tora Tzfat Inc reported income of $137k and spending of $299k, spending 219% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $137k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 42%. Over the whole period it spent 151% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Talmud Tora Tzfat Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Go Tell Crusades Inc ($137k), Crestview Christian Homeschool Academy Inc ($137k) and Kefa ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 132% of the total. At year end it held assets of $481k against liabilities of $964k, net assets of -$483k.

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.