Torat Shraga Inc

Analysis

Torat Shraga Inc is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Torat Shraga Inc reported income of $929k and spending of $364k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $929k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 41% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Torat Shraga Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Orphan Relief and Rescue Inc ($929k), Hands Along the Nile Development Services Inc ($932k) and Friends of Nahal Haredi Inc ($929k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.8m against liabilities of $16k, net assets of $2.8m.