Rabbinical College of Telshe Inc

Analysis

Rabbinical College of Telshe Inc is a registered charity in United States, based in Wickliffe, OH. It received its IRS tax-exemption ruling in April 1953, 73 years ago. 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, Rabbinical College of Telshe Inc reported income of $5.6m and spending of $5.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $5.6m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rabbinical College of Telshe 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 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Greater Kingsport Family Young Mens ($5.6m), Boys & Girls Clubs of the Ocoee Region ($5.6m) and Boy Scouts of America ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $200k (3.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $6.0m against liabilities of $1.1m, net assets of $4.9m. It reported 143 employees.