Kollel Torah Mitzion Inc

Analysis

Kollel Torah Mitzion Inc is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, Kollel Torah Mitzion Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.4m to $1.2m (-15%), an average of -4.0% a year. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kollel Torah Mitzion 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 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include We Raise Foundation ($1.2m), Love and Sonshine Ministries ($1.2m) and Upper Peninsula Bible Camp Inc ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 81% and program service revenue 9.8% of the total. Other salaries and wages came to $646k. At year end it held assets of $484k against liabilities of $112k, net assets of $371k. It reported 16 employees.