Mesivta Kesser Torah of Baltimore Inc

Analysis

Mesivta Kesser Torah of Baltimore Inc is a registered charity in United States, based in Pikesville, MD. 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 2022, Mesivta Kesser Torah of Baltimore Inc reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 4 years on record, from December 2019 to August 2022, income grew from $849k to $2.3m (+169%), an average of +39% a year. The sharpest change came in the year to August 2021, when income rose by 58%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mesivta Kesser Torah of Baltimore Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Ignite Achievement Academy ($2.3m), Allegiance Academy Inc ($2.3m) and Brookewood School Inc ($2.3m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 43% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $98k (4.5% of expenses). Other salaries and wages came to $438k. At year end it held assets of $6.9m against liabilities of $5.4m, net assets of $1.5m. It reported 22 employees.