Missouri Torah Institute
Analysis
Missouri Torah Institute is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in February 2009, 17 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 July 2023, Missouri Torah Institute reported income of $3.9m and spending of $3.3m, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $9.6m to $3.9m (-59%), an average of -20% a year. The sharpest change came in the year to July 2020, when income dropped by 70%. Over the whole period it spent 60% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Missouri Torah Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Universal Vare Charter School ($3.9m), Chapel Hill Christian School ($3.9m) and John Hancock Charter School ($3.9m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $351k (11% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $12.0m against liabilities of $1.2m, net assets of $10.8m. It reported 68 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 40%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Universal Vare Charter School | Philadelphia | $3.9m |
| Chapel Hill Christian School | Cuyahoga FLS | $3.9m |
| John Hancock Charter School | Pleasant GRV | $3.9m |
| Mesivta of Clifton | Passaic | $3.9m |