Congregation Torahlovingcare

Analysis

Congregation Torahlovingcare is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 2019, 7 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, Congregation Torahlovingcare reported income of $459k and spending of $460k, spending 100% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $286k to $459k (+60%), an average of +27% a year. The sharpest change came in the year to August 2022, when income rose by 82%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Congregation Torahlovingcare sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Woodlands Football Booster Club Foundation ($459k), Roseland Charter School Foundation ($459k) and Westbrook W Club Inc ($459k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $322k. At year end it held assets of $115k against liabilities of $6,098, net assets of $108k. It reported 33 employees.