Columbus Torah School
Analysis
Columbus Torah School is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1961, 65 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 June 2023, Columbus Torah School reported income of $6.0m and spending of $6.7m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $6.0m (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Columbus Torah School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Gem Prep Nampa LLC ($6.0m), School of the Woods ($6.1m) and The Red Oaks School Inc ($6.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $319k (4.7% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $10.2m against liabilities of $2.0m, net assets of $8.2m. It reported 103 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 55%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gem Prep Nampa LLC | Deary | $6.0m |
| School of the Woods | Houston | $6.1m |
| The Red Oaks School Inc | Morristown | $6.0m |
| Teamcfa Community Public Charter | Stanley | $6.1m |