Yeshivas Ohr Hatorah Inc

Analysis

Yeshivas Ohr Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 2008, 18 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, Yeshivas Ohr Hatorah Inc reported income of $5.8m and spending of $5.7m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.1m to $5.8m (+90%), an average of +17% a year. The sharpest change came in the year to August 2021, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshivas Ohr Hatorah Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Reach Up Incorporated ($5.8m), Mukogawa Fort Wright Institute ($5.8m) and Brookstone Schools of Mecklenburg County ($5.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $61k (1.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.1m against liabilities of $5.5m, net assets of $1.6m. It reported 173 employees.