Talmudic Properties Penn Inc

Analysis

Talmudic Properties Penn Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Talmudic Properties Penn Inc reported income of $673k and spending of $648k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $164k to $673k (+311%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 272%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Talmudic Properties Penn Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include National Association of State Directors of Migrant Education ($672k), L Ecole Francophone de Californie ($673k) and Bais Yaakov High School of Indiana Inc ($672k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $3.4m against liabilities of $3.4m, net assets of -$76k.