Nesiv Hatorah Inc

Analysis

Nesiv Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Nesiv Hatorah Inc reported income of $392k and spending of $497k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $490k to $392k (-20%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nesiv Hatorah Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include The Corvallis-Benton County Public Library Foundation Inc ($392k), Walden Community School Inc ($392k) and Oklahoma Association for Technology in Education ($392k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $166k. At year end it held assets of $150k against liabilities of $621k, net assets of -$470k.

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.