Friends of Torah Academy South Africa Tasa Inc

Analysis

Friends of Torah Academy South Africa Tasa Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2009, 17 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 2023, Friends of Torah Academy South Africa Tasa Inc reported income of $193k and spending of $196k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $193k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Torah Academy South Africa Tasa Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Grace Ministries of Durham North Carolina ($193k), Sacred Heart Center for Peace Co ($193k) and Q Ministry Project ($193k).

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 $15k against liabilities of $0, net assets of $15k.