Westchester Torah Academy

Analysis

Westchester Torah Academy is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in September 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 June 2024, Westchester Torah Academy reported income of $5.1m and spending of $5.4m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.8m to $5.1m (+79%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westchester Torah Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Carruth Center Inc ($5.1m), Aspen Waldorf Foundation ($5.1m) and West Cleveland Drop Back in ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $15.8m against liabilities of $8.4m, net assets of $7.4m. It reported 71 employees.