Tor Project Inc

Analysis

Tor Project Inc is a registered charity in United States, based in Winchester, NH. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 June 2023, Tor Project Inc reported income of $8.5m and spending of $6.7m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $8.5m (+74%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tor Project Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Memphis Jewish Community Center ($8.5m), Lakes Region Visiting Nurse Association ($8.5m) and Ecotrust ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $673k (10% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.1m against liabilities of $353k, net assets of $6.8m. It reported 18 employees.