Yeshiva Nachlei Torah Inc

Analysis

Yeshiva Nachlei Torah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in June 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 July 2023, Yeshiva Nachlei Torah Inc reported income of $3.8m and spending of $4.1m, spending 108% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income grew from $198k to $3.8m (+1829%), an average of +168% a year. The sharpest change came in the year to July 2021, when income rose by 1688%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yeshiva Nachlei Torah Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Credential Engine Inc ($3.8m), Isla Affiliated Building Company ($3.8m) and Park Childrens Day School ($3.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $193k (4.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $677k against liabilities of $889k, net assets of -$211k. It reported 71 employees.