Torah Community Fund Inc

Analysis

Torah Community Fund Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Torah Community Fund Inc reported income of $3.7m and spending of $3.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.7m (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Torah Community Fund Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include South East Asia Prayer Center ($3.7m), Haitian Education & Leadership Program ($3.7m) and Tasis Foundation Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $610k against liabilities of $20k, net assets of $590k.