Yeshivat Lev Torah

Analysis

Yeshivat Lev Torah is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2011, 15 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 May 2024, Yeshivat Lev Torah reported income of $7.4m and spending of $6.8m, spending 92% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $3.5m to $7.4m (+114%), an average of +21% a year. The sharpest change came in the year to May 2024, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshivat Lev Torah sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Zoe International ($7.4m), Israel Education Resource ($7.4m) and Lodigiano Film Development Inc ($7.4m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $7.7m against liabilities of $6.9m, net assets of $803k. It reported 109 employees.