The Bnei Torah Trust

Analysis

The Bnei Torah Trust is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2017, 9 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 August 2023, The Bnei Torah Trust reported income of $2.8m and spending of $1.3m, leaving 53% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $2.8m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to August 2023, when income rose by 160%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Bnei Torah Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Stream of Praise Music Ministries ($2.8m), Superchannel Worship Ministries Inc ($2.8m) and Campus by the Sea Inc ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30.6m against liabilities of $12.2m, net assets of $18.4m.