Yeshiva Ruach Hatorah Inc
Analysis
Yeshiva Ruach Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 2015, 11 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, Yeshiva Ruach Hatorah Inc reported income of $555k and spending of $580k, spending 105% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $520k to $555k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Ruach Hatorah Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include The Magnolia School Inc ($554k), Neighborhood Schools Inc ($555k) and Mid-Atlantic Robotics a NJ Non-Profit Corporation ($554k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $153k. At year end it held assets of $1.9m against liabilities of $2.0m, net assets of -$64k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 47%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Magnolia School Inc | Tallahassee | $554k |
| Neighborhood Schools Inc | Houston | $555k |
| Mid-Atlantic Robotics a NJ Non-Profit Corporation | Princeton | $554k |
| Texas Association of Collegiate Registrars & Admissions Officers | Lewisville | $555k |