Yeshiva Tiferes Naftoli Torah Institute of Central New Jersey in

Analysis

Yeshiva Tiferes Naftoli Torah Institute of Central New Jersey in is a registered charity in United States, based in Old Bridge, NJ. It received its IRS tax-exemption ruling in March 2013, 13 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 August 2023, Yeshiva Tiferes Naftoli Torah Institute of Central New Jersey in reported income of $408k and spending of $226k, leaving 45% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $504k to $408k (-19%), an average of -5.2% a year. The sharpest change came in the year to August 2023, when income rose by 110%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yeshiva Tiferes Naftoli Torah Institute of Central New Jersey in sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Mission to the Beloved ($408k), Broward C H a I Center Inc ($408k) and Bosnian American Islamic Center Inc ($408k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $149k (66% of expenses). Other salaries and wages came to $39k. At year end it held assets of $321k against liabilities of $1,274, net assets of $320k. It reported 2 employees.