Torah School of Greater Washington

Analysis

Torah School of Greater Washington is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in October 1995, 31 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 July 2023, Torah School of Greater Washington reported income of $8.2m and spending of $7.6m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $7.2m to $8.2m (+14%), an average of +3.4% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Torah School of Greater Washington sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Chelan-Douglas Child Services Association ($8.2m), Grosse Pointe Academy ($8.2m) and Carolina International School ($8.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $557k (7.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.6m against liabilities of $1.8m, net assets of $3.9m. It reported 79 employees.