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Talmudical Academy

RegisteredEIN 23-7125575Adelphia, NJReligion
Income$1.1m2023-06
Spending$1.1msame year
Spent / received79%4-year average
Size in its cause92nd pctReligion
Exempt since1971School
Employees16latest return

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

$0$437k$875k$1.3m$1.7m2020 Income: $1,081,6022020 Spending: $730,92320202021 Income: $1,596,9032021 Spending: $1,220,63220212022 Income: $1,749,5712022 Spending: $1,311,98320222023 Income: $1,051,0772023 Spending: $1,054,2582023
IncomeSpending

Where the income comes from

  • Contributions & grants 13%
  • Program services 81%
  • Other 5.8%

Similar-sized charities, same cause

CharityLocationIncome
Youth for Christ USA IncWillmar$1.1m
Lon Solomon MinistriesFalls Church$1.1m
Minnesota Dawah InstituteSaint Paul$1.0m
Southern Adirondack Child Care Network IncGlens Falls$1.1m