Association for Torah Advancement Inc

Analysis

Association for Torah Advancement Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1962, 64 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 September 2023, Association for Torah Advancement Inc reported income of $59k and spending of $71k, spending 121% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $39k to $59k (+51%), an average of +51% a year. The sharpest change came in the year to September 2023, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association for Torah Advancement Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Africa Gospel Outreach ($59k), City Plan Inc ($59k) and Journey Living Ministries ($59k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.