Torahresource Com

Analysis

Torahresource Com is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Torahresource Com reported income of $253k and spending of $314k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $253k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torahresource Com sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Iglesia Evangelica Camino de Santidad ($253k), Live58 Church ($253k) and Chosen Nation ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $231k. At year end it held assets of $39k against liabilities of $1,004, net assets of $38k.