Tomchai Torah Beretz Yisrael Inc

Analysis

Tomchai Torah Beretz Yisrael Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tomchai Torah Beretz Yisrael Inc reported income of $10.7m and spending of $10.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $10.7m (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tomchai Torah Beretz Yisrael Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Ares Charitable Foundation ($10.7m), Inter-Tribal Council of Nevada ($10.7m) and Impact Through Golf Foundation ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $120k. At year end it held assets of $894k against liabilities of $8,644, net assets of $885k.