Yeshiva Nesivos Hatorah Inc

Analysis

Yeshiva Nesivos Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2016, 10 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, Yeshiva Nesivos Hatorah Inc reported income of $5.9m and spending of $4.0m, leaving 32% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $5.9m (+416%), an average of +51% a year. The sharpest change came in the year to August 2021, when income rose by 205%. 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, Yeshiva Nesivos Hatorah Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Austin Christian Educational Foundation ($5.9m), Talmudic Research Center of Northern New Jersey ($5.9m) and Fernleaf Community Charter School ($5.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $14.0m against liabilities of $7.0m, net assets of $7.0m. It reported 66 employees.