Torah & Chesed Fund

Analysis

Torah & Chesed Fund is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, Torah & Chesed Fund reported income of $160k and spending of $149k, spending 93% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $90k to $160k (+78%), an average of +12% a year. The sharpest change came in the year to April 2021, when income rose by 108%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Torah & Chesed Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Jack Brooks Foundation ($160k), Jif Loan Society Inc ($160k) and Harold N & Thelma Lenker Charitable Income Trust ($160k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.