Association of Advanced Rabbinical and Talmudic Schools Inc

Analysis

Association of Advanced Rabbinical and Talmudic Schools Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Association of Advanced Rabbinical and Talmudic Schools Inc reported income of $2.0m and spending of $1.3m, leaving 35% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $2.0m (+82%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Advanced Rabbinical and Talmudic Schools Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Quad Cities Christian School ($2.0m), The Meridian Preschool Inc ($2.0m) and Tillery Charter Academy ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $518k (39% of expenses). Other salaries and wages came to $279k. At year end it held assets of $2.3m against liabilities of $720k, net assets of $1.6m. It reported 5 employees.