Mesivta Nezer Hatorah Inc

Analysis

Mesivta Nezer Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 2014, 12 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 August 2023, Mesivta Nezer Hatorah Inc reported income of $2.9m and spending of $2.4m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.9m (+77%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 42%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mesivta Nezer Hatorah Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Iowa Golf Association Foundation ($2.9m), Americans for Fair Treatment Inc ($2.9m) and College of the Redwoods Foundation ($2.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $28k (1.2% of expenses). Other salaries and wages came to $548k. At year end it held assets of $9.2m against liabilities of $3.0m, net assets of $6.2m. It reported 11 employees.