Toras Shraga Inc Dba Yeshiva Kinyan Hatorah

Analysis

Toras Shraga Inc Dba Yeshiva Kinyan Hatorah is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Toras Shraga Inc Dba Yeshiva Kinyan Hatorah reported income of $110k and spending of $115k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $146k to $110k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Toras Shraga Inc Dba Yeshiva Kinyan Hatorah sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Alexander Technique Intl Inc ($110k), Wawa Project ($110k) and Weddington Elementary School PTO ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $70k, net assets of -$70k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.