Talmudic Research Center of Northern New Jersey

Analysis

Talmudic Research Center of Northern New Jersey is a registered charity in United States, based in Passaic Park, NJ. It received its IRS tax-exemption ruling in August 1974, 52 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 June 2023, Talmudic Research Center of Northern New Jersey reported income of $5.9m and spending of $6.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.9m (+27%), an average of +6.2% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Talmudic Research Center of Northern New Jersey 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 Yeshiva Nesivos Hatorah Inc ($5.9m), Notre Dame Cristo Rey High School Inc ($5.9m) and Austin Christian Educational Foundation ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $281k (4.5% of expenses). Other salaries and wages came to $839k. At year end it held assets of $5.7m against liabilities of $692k, net assets of $5.0m. It reported 25 employees.