Torah Learning Resources Ltd
Analysis
Torah Learning Resources Ltd is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Torah Learning Resources Ltd reported income of $514k and spending of $287k, leaving 44% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $282k to $514k (+82%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 67% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Torah Learning Resources Ltd sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Planning Office of Urban Affairs Foundation Inc ($513k), Mexico Outreach Inc ($514k) and Thai Village Inc ($513k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 12% of the total. At year end it held assets of $2.7m against liabilities of $40k, net assets of $2.6m.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 12%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Planning Office of Urban Affairs Foundation Inc | Boston | $513k |
| Mexico Outreach Inc | Colorado SPGS | $514k |
| Thai Village Inc | Deerfield | $513k |
| Above & Beyond Counseling Ministries Inc | Tampa | $514k |