Talmud Torah Bais Avraham Inc

Analysis

Talmud Torah Bais Avraham Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 2006, 20 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 December 2023, Talmud Torah Bais Avraham Inc reported income of $183k and spending of $353k, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $183k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 219% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Talmud Torah Bais Avraham Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Pease Community Foundation ($183k), Wisconsin Director of Nursing Council Education Forum Inc ($183k) and Institute for Dynamic Education Advancement Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $138k. At year end it held assets of $2.2m against liabilities of $2.0m, net assets of $160k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.