Talmudical Academy
Analysis
Talmudical Academy is a registered charity in United States, based in Adelphia, NJ. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Talmudical Academy reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $1.1m (-2.8%), an average of -0.9% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 79% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Talmudical Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($1.1m), Lon Solomon Ministries ($1.1m) and Minnesota Dawah Institute ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $407k (39% of expenses). At year end it held assets of $3.3m against liabilities of $39k, net assets of $3.2m. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 81%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth for Christ USA Inc | Willmar | $1.1m |
| Lon Solomon Ministries | Falls Church | $1.1m |
| Minnesota Dawah Institute | Saint Paul | $1.0m |
| Southern Adirondack Child Care Network Inc | Glens Falls | $1.1m |