Torah Live Incorporated

Analysis

Torah Live Incorporated is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in February 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 Live Incorporated reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $985k to $1.5m (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torah Live Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Short Term Bible Schools ($1.5m), Catholic Schools Collaborative ($1.5m) and Patternsofevidencefoundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. At year end it held assets of $66k against liabilities of $733k, net assets of -$667k.