Yeshivas Toras Chaim Inc

Analysis

Yeshivas Toras Chaim Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2023, Yeshivas Toras Chaim Inc reported income of $3.9m and spending of $4.2m, spending 110% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $5.4m to $3.9m (-29%), an average of -8.2% a year. The sharpest change came in the year to August 2020, when income dropped by 22%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yeshivas Toras Chaim Inc 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 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Affton Athletic Association Inc ($3.9m), Agricultural Foundation of California State University Fresno ($3.9m) and Guide Dogs of the Desert ($3.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $9.9m against liabilities of $2.1m, net assets of $7.8m. It reported 45 employees.