Morris and Rose Caskey Torah Academy of Greater Philadelphia

Analysis

Morris and Rose Caskey Torah Academy of Greater Philadelphia is a registered charity in United States, based in Wynnewood, PA. It received its IRS tax-exemption ruling in July 1975, 51 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 August 2023, Morris and Rose Caskey Torah Academy of Greater Philadelphia reported income of $10.2m and spending of $8.9m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $8.5m to $10.2m (+20%), an average of +4.6% a year. The sharpest change came in the year to August 2021, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morris and Rose Caskey Torah Academy of Greater Philadelphia sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Sound Child Care Solutions ($10.2m), Northwest Christian Schools Inc ($10.2m) and Uab Educational Foundation ($10.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 30% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $210k (2.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $21.9m against liabilities of $1.3m, net assets of $20.6m. It reported 125 employees.