Torah Center for Higher Rabbinical Studies Inc

Analysis

Torah Center for Higher Rabbinical Studies Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 Center for Higher Rabbinical Studies Inc reported income of $7.0m and spending of $7.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $7.0m (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torah Center for Higher Rabbinical Studies Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Society of St Vincent de Paul Peoria Council ($7.0m), Faith and Learning International NFP ($7.0m) and New Generations ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.