Mesoras Hatorah Inc

Analysis

Mesoras Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mesoras Hatorah Inc reported income of $2.3m and spending of $1.8m, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $536k to $2.3m (+333%), an average of +44% a year. The sharpest change came in the year to August 2020, when income rose by 89%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mesoras Hatorah Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Virginia Foundation for Independent Colleges ($2.3m), West Austin Development Center ($2.3m) and Sadie Nash Leadership Project Inc ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $858k. At year end it held assets of $9.8m against liabilities of $6.6m, net assets of $3.2m. It reported 35 employees.