Torahanytimecom Inc

Analysis

Torahanytimecom Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Torahanytimecom Inc reported income of $1.8m and spending of $1.7m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $819k to $1.8m (+119%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torahanytimecom Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Right From the Heart Ministries Inc ($1.8m), Riviera Beach Community Outreach Inc ($1.8m) and Unite Life ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $475k (28% of expenses). Other salaries and wages came to $195k. At year end it held assets of $2.9m against liabilities of $139k, net assets of $2.7m. It reported 10 employees.