Torah Ve Ahavah Inc

Analysis

Torah Ve Ahavah Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Torah Ve Ahavah Inc reported income of $54k and spending of $90k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $84k to $54k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torah Ve Ahavah Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Sreemadbhagbad Gita Sangha Inc ($54k), Our Lady of Grace Conference ($54k) and Wilderness Experience ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $27k against liabilities of $0, net assets of $27k. It reported 1 employees.