Shalhevet Hatorah Inc

Analysis

Shalhevet Hatorah Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Shalhevet Hatorah Inc reported income of $353k and spending of $351k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $318k to $353k (+11%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shalhevet Hatorah Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Covantage Cares Foundation Inc ($353k), United Way of Oxford-Lafayette County Inc ($353k) and Cu Kids at Heart Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,433 against liabilities of $0, net assets of $2,433.