Bukharian Torah Society Inc

Analysis

Bukharian Torah Society Inc is a registered charity in United States, based in Kew Gardens, NY. It received its IRS tax-exemption ruling in March 2022, 4 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 2022, Bukharian Torah Society Inc reported income of $906k and spending of $640k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2017 to December 2022, income fell from $4.9m to $906k (-81%), an average of -34% a year. The sharpest change came in the year to December 2018, when income dropped by 77%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bukharian Torah Society Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Miracle of Love Fulfillment Center ($906k), On the Rock Ministries Inc ($907k) and Ddmba LA Foundation ($905k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. At year end it held assets of $13.3m against liabilities of $5.7m, net assets of $7.6m.