8001 Torresdale Corporation

Analysis

8001 Torresdale Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, 8001 Torresdale Corporation reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.0m to $1.4m (-29%), an average of -6.5% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 8001 Torresdale Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Community Education Commission ($1.4m), Math Kangaroo in USA NFP ($1.4m) and Sunset French Immersion School Inc ($1.4m).

At year end it held assets of $22.7m against liabilities of $19.1m, net assets of $3.6m.