Long Island Torah Network Inc

Analysis

Long Island Torah Network Inc is a registered charity in United States, based in Flushing, NY. 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, Long Island Torah Network Inc reported income of $178k and spending of $181k, spending 102% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $126k to $178k (+42%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 339%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Long Island Torah Network Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Feed My Lambs International Inc ($178k), Grace Chinese Baptist Church Inc ($178k) and Kevala Retreat ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $5,764 against liabilities of $0, net assets of $5,764.

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.