Torah Support Fund Inc

Analysis

Torah Support Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2013, 13 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 December 2023, Torah Support Fund Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $911k to $1.1m (+17%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torah Support Fund 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 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Petra International Ministries Inc ($1.1m), Onebody ($1.1m) and Unreached Villages ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $135k. At year end it held assets of $1,676 against liabilities of $0, net assets of $1,676. It reported 2 employees.