Ammud the Joc Torah Academy Inc

Analysis

Ammud the Joc Torah Academy Inc is a registered charity in United States, based in New York, NY. 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ammud the Joc Torah Academy Inc reported income of $526k and spending of $449k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $392k to $526k (+34%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ammud the Joc Torah Academy Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Heartland Christian Schools Inc ($526k), Bryan Isd Education Foundation ($526k) and Financial Assistance for Independent Schools ($526k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $282k (63% of expenses). It paid $8,462 in professional fundraising fees. At year end it held assets of $265k against liabilities of $0, net assets of $265k. It reported 4 employees.