Toras Chaim the Rabbi Chaim Shereshevsky Institute of Mesorah

Analysis

Toras Chaim the Rabbi Chaim Shereshevsky Institute of Mesorah is a registered charity in United States, based in Portsmouth, VA. It received its IRS tax-exemption ruling in September 2002, 24 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, Toras Chaim the Rabbi Chaim Shereshevsky Institute of Mesorah reported income of $1.2m and spending of $1.4m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.2m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Toras Chaim the Rabbi Chaim Shereshevsky Institute of Mesorah sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Infant Development Program Inc ($1.2m), Saratoga County Agricultural Society ($1.2m) and Al Hadi Initiatives ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $141k (10% of expenses). Other salaries and wages came to $809k. At year end it held assets of $3.2m against liabilities of $102k, net assets of $3.1m. It reported 13 employees.