Torat Israel Inc

Analysis

Torat Israel Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Torat Israel Inc reported income of $70k and spending of $70k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $20k to $70k (+252%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 232%. 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, Torat Israel Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Four 10 Nonprofit ($70k), Tubten Kunga Center for Wisdom Culture Inc ($70k) and Kerith Springs Lodge Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $892. At year end it held assets of $2,470 against liabilities of $1,026, net assets of $1,444.