Torah Images Inc

Analysis

Torah Images Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 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 February 2023, Torah Images Inc reported income of $75k and spending of $89k, spending 118% of what it took in. Across the 2 years on record, from February 2022 to February 2023, income fell from $89k to $75k (-15%), an average of -15% a year. The sharpest change came in the year to February 2023, when income dropped by 15%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torah Images Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Seek Ministries ($75k), Love in the Name of Christ of Greator Canton ($75k) and Gateway Benevolence Fund ($75k).

On its Form 990-EZ for the period ending February 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,325 against liabilities of $0, net assets of $7,325.