Yeshivat Yagdil Torah Inc

Analysis

Yeshivat Yagdil Torah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in March 2017, 9 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, Yeshivat Yagdil Torah Inc reported income of $3.5m and spending of $2.8m, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.2m to $3.5m (+58%), an average of +12% a year. The sharpest change came in the year to August 2020, when income rose by 55%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshivat Yagdil Torah Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Book Trust ($3.5m), Novato Charter School ($3.5m) and Phillips County Developmental Center ($3.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $144k (5.1% of expenses). Other salaries and wages came to $729k. At year end it held assets of $12.5m against liabilities of $6.6m, net assets of $5.9m. It reported 81 employees.