Cheder Toras Zev

Analysis

Cheder Toras Zev is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 2010, 16 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 August 2023, Cheder Toras Zev reported income of $10.3m and spending of $8.2m, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.4m to $10.3m (+137%), an average of +24% a year. The sharpest change came in the year to August 2020, when income rose by 58%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheder Toras Zev sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Integrity Educational Services ($10.3m), Charter-Tech High School for the Performing Arts Inc ($10.3m) and South Bronx Charter School for International Cultures and the Art ($10.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 56% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $179k (2.2% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $27.4m against liabilities of $15.1m, net assets of $12.3m. It reported 122 employees.