Mesivta Ahavas Hatorah

Analysis

Mesivta Ahavas Hatorah is a registered charity in United States, based in Spring Valley, NY. 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 Ahavas Hatorah reported income of $2.5m and spending of $2.7m, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $2.5m (+10%), an average of +2.4% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mesivta Ahavas Hatorah sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Veritas Preparatory School Inc ($2.5m), Grow Academy ($2.5m) and Calhoun Falls Charter School ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $69k (2.6% of expenses). Other salaries and wages came to $652k. At year end it held assets of $5.1m against liabilities of $2.9m, net assets of $2.3m. It reported 29 employees.