Torah Learning Project Inc

Analysis

Torah Learning Project Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2008, 18 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, Torah Learning Project Inc reported income of $414k and spending of $378k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $414k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torah Learning Project Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Apple Tree Center Inc ($414k), Worldwide Marriage Encounter- Section 17 Inc ($414k) and A Moment of Hope ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $88k (23% of expenses). Other salaries and wages came to $2,348. At year end it held assets of $103k against liabilities of $1,873, net assets of $102k. It reported 2 employees.