Sefaria Inc

Analysis

Sefaria Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 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 2023, Sefaria Inc reported income of $12.6m and spending of $6.7m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $12.6m (+744%), an average of +70% a year. The sharpest change came in the year to December 2020, when income rose by 193%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sefaria Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Antioch College Corporation ($12.6m), Urban Strategies Inc ($12.6m) and Village School of Naples Inc ($12.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.1m (16% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $10.8m against liabilities of $386k, net assets of $10.5m. It reported 23 employees.